Share this article
Germany’s AllUnity Launches BaFin-Regulated Euro Stablecoin EURAU
EURAU is claimed to be the first euro stablecoin under BaFin’s e-money license.
Updated Jul 31, 2025, 11:00 a.m. Published Jul 31, 2025, 11:00 a.m.
What to know:
- EURAU is claiming bragging rights as Germany’s first MiCAR-compliant euro stablecoin.
- Backed by European banks, it aims to serve financial institutions and enterprise clients.
- Trading starts with BTC and USDC pairs on Bullish Europe, with Flow Traders as market maker.
AllUnity, a joint venture between DWS, Galaxy and Flow Traders, has launched EURAU, a euro-denominated stablecoin approved under Germany’s new crypto regulations.
EURAU is claimed to be the first euro-backed stablecoin to be issued under the EU’s Markets in Crypto-Assets Regulation (MiCAR) and licensed as electronic money by Germany’s BaFin. The token, issued on Ethereum as an ERC-20 asset, is designed for financial institutions, fintechs, and corporate clients needing regulated, instant cross-border euro payments.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
AllUnity has partnered with a consortium of European banks to act as reserve custodians. This structure aims to satisfy regulators and institutions seeking transparency, supported by routine proof-of-reserve disclosures.
The token debuts with trading pairs BTC/EURAU and USDC/EURAU on Bullish Europe, a BaFin-regulated digital asset exchange. Flow Traders will provide liquidity as the market maker. (Bullish is also the owner of Coindesk.)
Backed by names like BitGo, Metzler Bank and Fireblocks, EURAU signals a broader push to embed regulated stablecoins into Europe’s financial infrastructure. AllUnity’s CEO, Alexander Höptner, called the launch a step toward “financial sovereignty” in a digital Europe.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
