Germany-based stablecoin issuer AllUnity has expanded its MiCA-compliant euro stablecoin EURAU to the Solana blockchain, positioning the asset more deeply within DeFi at a time when European regulators are scrutinizing how decentralized protocols and stablecoin issuers comply with the EU’s Markets in Crypto-Assets Regulation (MiCA). AllUnity, a BaFin‑licensed electronic money institution jointly owned by DWS, Flow Traders and Galaxy, describes EURAU as a fully reserved, euro‑backed e‑money token issued under MiCA, initially launched on Ethereum and now available natively across a growing set of blockchains. The April 30, 2026 announcement highlights Solana’s high throughput and low transaction costs as a way to enable near‑instant euro settlements, cross‑border payments, and euro‑denominated DeFi activity while maintaining institutional‑grade compliance, transparency, and proof‑of‑reserves. The move comes after AllUnity secured a BaFin Electronic Money Institution (EMI) license in July 2025, allowing it to issue what is described as Germany’s first fully MiCA‑aligned, 100% reserved euro stablecoin. EURAU is structured as electronic money under MiCA, supported by a multi‑bank reserve model with European partner banks and regular regulatory reporting, aimed at making the token suitable for payment institutions, enterprises, and financial institutions requiring euro liquidity on public chains. In 2025, AllUnity also announced a strategic partnership with Chainlink to use Chainlink’s Cross‑Chain Interoperability Protocol (CCIP) so EURAU can function as a multi‑chain stablecoin, with native issuance across Ethereum, Solana and several major L2 networks to support cross‑chain payments and institutional workflows. This expansion to Solana takes place against a broader backdrop of EU regulators focusing on stablecoin risk, DeFi transparency, and MiCA classification of tokens, making EURAU’s explicitly regulated and fully reserved design a test case for how euro‑denominated stablecoins can be used at scale in DeFi while staying within the new European rules.

AI-generated background, compiled from web sources — not editorial content.

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