AllUnity Launches EURAU – Germany’s First Fully Reserved, MiCAR-Compliant EURO stablecoin

AllUnity EURAU has officially launched, marking a new era in compliant euro stablecoins. AllUnity, a joint venture between DWS, Flow Traders, and Galaxy, announces the launch of its fully-reserved MiCAR-compliant euro-denominated stablecoin, EURAU. The launch follows the granting of an E-Money Institution (EMI) license to AllUnity by the German Federal Financial Supervisory Authority (BaFin) on 01 July 2025.

Fully aligned with the MiCAR framework in the European Union, EURAU is a regulated, 100% reserved euro stablecoin issued under a multi-bank full reserve model delivering institutional-grade transparency through proof-of-reserves and regulatory reporting. AllUnity partnered with a consortium of European banks to serve as Reserve Banks for EURAU, ensuring operational continuity, regulatory alignment, and a future-ready infrastructure for 24/7 cross-border payments.

EURAU officially launches on the Ethereum blockchain, with plans to expand to additional blockchain networks later this year. As an ERC-20 token, EURAU is compatible with a wide range of Ethereum-based wallets and protocols. EURAU can be used for 24/7 instant cross-border settlements, seamless integration for regulated financial institutions, fintechs, treasuries, and enterprise clients across Europe and beyond.  

The launch of EURAU is powered by a consortium of leading ecosystem partners. Bullish Europe, the BaFin regulated provider of digital asset trading and custody services, will be the first service to offer EURAU for trading, providing unparalleled liquidity for the Euro stablecoin and ensuring global reach and credibility. To maximize trading opportunities, EURAU will debut with two strategic trading pairs BTC/EURAU and USDC/EURAU, setting the stage for widespread market adoption. Flow Traders will serve as the designated market maker for EURAU, providing essential liquidity and supporting efficient market operations.

A number of key ecosystem leaders supporting EURAU at launch include DWS, Flow Traders, Galaxy Digital, BitGo, Metzler Bank, Tradevest Group, DLT Finance, Fireblocks, V-Bank, 21X, Hacken, Softstack, OAK Security, and more.

EURAU will be publicly available starting July 31, 2025. Fully onboarded institutional clients can access EURAU via a free AllUnity account. To initiate the onboarding process or for further information, please contact the team at contact@allunity.com.

“Launching EURAU marks a significant step forward for Europe’s digital financial infrastructure and financial sovereignty. As the first euro-denominated stablecoin issued under Germany’s regulatory framework and fully aligned with MiCAR, EURAU is designed to meet the highest standards of transparency, compliance, and trust, setting a new benchmark for digital money in Europe” said Alexander Höptner, CEO of AllUnity.

“With the issuance of EURAU, AllUnity has become the first to bring a BaFin-regulated, MiCAR-compliant stablecoin to Europe – a significant achievement and a testament to the capabilities of our joint venture partners. While AllUnity operates independently as the regulated issuer, DWS is actively involved in advising AllUnity on EURAU’s reserve portfolio, which should bring an added layer of confidence and trust for all market participants, from institutions and corporates to individual retail users. We are excited to be first movers in this space, helping to bridge the gap between the traditional and digital finance ecosystems and enable more investors to tap into the potential of digital assets,” said Stefan Hoops, CEO of DWS.

“Big congratulations to the AllUnity team for launching EURAU, the first BaFin-regulated and MiCAR-complaint Euro Stablecoin. This Euro-denominated stablecoin represents our strong commitment to setting new standards in enabling true innovation and in enhancing transparency and trust in financial markets. As a global financial liquidity provider and market maker committed to connecting the worlds of traditional finance and digital assets, we are proud to support AllUnity and are deeply excited about AllUnity’s emerging impact on financial markets. We look forward to shaping the future of digital finance together,” said Mike Kuehnel, CEO of Flow Traders.

“AllUnity’s launch of EURAU is a defining moment for the European digital asset ecosystem. This is what the future of money looks like: fully reserved, regulatory-first, and built for real-world utility,” said Mike Novogratz, Founder and CEO of Galaxy. “Galaxy is proud to help power that future, providing the secure infrastructure and blockchain expertise that makes EURAU work seamlessly for investors across Europe and beyond.”

“We are proud to partner with AllUnity, another BaFin regulated institution, and to be the first to offer EURAU to our institutional customers,” said Marco Bodewein, CEO of Bullish Europe. “Increasing the availability of MiCA-compliant stablecoins is a key driver for institutional adoption and underscores Bullish’s commitment to providing regulated, institutional-grade access to the digital asset ecosystem.”

This achievement positions EURAU as a fully compliant and trusted Euro-backed stablecoin, addressing the critical need for liquidity in the European digital economy.

With the AllUnity EURAU launch, Europe gains a fully compliant euro-denominated digital asset—built for transparency, regulation, and institutional trust.