According to CoinDesk, German joint venture AllUnity announced on April 30 that its compliant euro stablecoin EURAU has launched on Solana following its earlier deployment on Ethereum, offering faster and lower-cost euro-denominated on-chain settlement. EURAU is issued on a full-reserve basis under the EU’s MiCA framework and targets payment institutions, enterprises, and developers for cross-border payments, trading, lending, and treasury management. Euro stablecoin market capitalization has doubled to nearly $1 billion since early 2025 amid rising demand for non-USD stablecoins.
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