AllUnity EUR

AllUnity EUR (EURAU) is a fully regulated euro-denominated stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation (MiCAR). 

EURAU is designed to offer secure, programmable, and transparent euro liquidity for institutional and retail applications across public blockchain networks.

EURAU stablecoin became Germany’s first regulated euro-denominated digital currency after AllUnity, a joint venture between Deutsche Bank’s asset management arm DWS, Flow Traders, and Galaxy Digital, obtained an electronic money institution (EMI) license from the Federal Financial Supervisory Authority (BaFin).

AllUnity GmbH, the issuer of EURAU, is a German company headquartered in Frankfurt. It is licensed as an electronic money institution (EMI) by the Federal Financial Supervisory Authority (BaFin). The company operates as a joint venture between Deutsche Börse, DWS (the asset manager of Deutsche Bank), and Flow Traders. This structure provides a strong institutional foundation for long-term compliance, infrastructure resilience, and adoption across financial markets.

AllUnity is backed by this consortium of industry-leading partners (DWS Group, Flow Traders, Galaxy) who leverage their unique combination of expertise, market reach, and infrastructure to bring a EUR stablecoin to market and drive institutional adoption of tokenized assets.

The BaFin EMI license was granted on July 1, 2025. The token launched on July 29, 2025.

While a specific “Issuance Date” may not be clearly defined for all regulatory purposes, the primary launch date for the asset’s availability to the market is July 29, 2025, following the BaFin EMI license grant on July 1, 2025.

The AllUnity stablecoin adheres to the European Markets in Crypto-Assets (MiCA) regulatory framework and maintains full collateralization. It provides institutional-grade transparency through proof of reserves and comprehensive regulatory reporting, according to a July 2 press release.

EURAU is designed to facilitate:

• 24/7 Instant Cross-Border Settlements: Enabling seamless and round-the-clock transactions.
• Integration for Regulated Financial Institutions: Facilitating use by fintech companies, treasury operations (ERP systems), and enterprise clients throughout Europe and internationally.

Collateralization and Security: EURAU is fully backed 1:1 by euro-denominated reserves. These reserves are held with authorized financial institutions within the European Economic Area, safeguarded under strict prudential standards, and are not used for lending or investment purposes. On-chain issuance and redemption follow a verified flow with wallet and account whitelisting, aligning with AML, KYC, and regulatory expectations. Users are able to mint and redeem EURAU through authorized partners and platforms, with an emphasis on transparency and auditability.

Technical Specifications: Technically, EURAU is deployed initially on Ethereum as an ERC-20 token. Future expansion plans include Solana and other EVM-compatible chains. The smart contract architecture ensures upgradability through secure multisig control, subject to internal governance procedures. Minting and burning are controlled by permissioned wallets operated by regulated partners to prevent unauthorized issuance and maintain supply integrity.

Use Cases & Ecosystem: The token aims to serve multiple use cases including:

• Digital asset trading
• Payments
• Treasury solutions
• On-chain finance (DeFi)

EURAU is designed to be accessible to exchanges, market makers, payment institutions, fintechs, and tokenized asset platforms looking to integrate euro liquidity in a compliant manner.