AllUnity’s EURAU stablecoin, a euro-backed digital currency that complies with the EU’s Markets in Crypto-Assets (MiCA) framework, has broadened its cross-chain reach by integrating with Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This integration allows EURAU to function smoothly across leading blockchains such as
EURAU, created by AllUnity—a partnership between
Alexander Höptner, AllUnity’s CEO, stated that integrating CCIP boosts EURAU’s utility for businesses, allowing for “frictionless cross-chain transactions” in B2B payments, treasury operations, and on-chain settlements, according to a
The stablecoin’s growth is in line with Europe’s regulatory drive for compliant digital currencies. EURAU fulfills MiCA’s standards, including frequent audits, transparent reserve disclosures, and full backing by Deutsche Bank’s $1.647 trillion in assets and DWS’s €1.01 trillion under management, according to the Markets article. This regulatory alignment makes EURAU a reliable option for companies looking to engage with digital assets while staying connected to traditional finance.
With Chainlink CCIP, EURAU also adopts the Cross-Chain Token (CCT) standard, which uses a burn-and-mint mechanism to guarantee 1:1 value across blockchains, zero-slippage transfers, and institutional-grade liquidity, as outlined in the CryptoTimes article. This model helps address risks tied to smart contract flaws and fragmented liquidity, tackling major issues in the tokenized asset space.
Now available on six prominent blockchains, AllUnity’s EURAU aims to consolidate euro liquidity and accelerate the adoption of tokenized finance in Europe. The planned expansion to the Canton Network, which focuses on institutional financial solutions, further demonstrates the stablecoin’s enterprise orientation, Coinotag observed. As tokenized assets gain traction in Europe, EURAU’s multi-chain framework could become a vital link between traditional and decentralized finance, delivering secure, efficient, and regulated cross-border services.