AllUnity extends the EURAU stablecoin to the Solana blockchain

AllUnity has launched the euro stablecoin EURAU on Solana, after deploying on Ethereum, to support faster on-chain euro payments with lower costs.

EURAU is issued with full reserves according to the EU’s MiCA crypto framework and targets payment organizations, businesses, and developers for cross-border payments, transactions, lending, and capital management.

According to the data presented, the market capitalization of the euro stablecoin has doubled from the beginning of 2025 to nearly $1 billion as demand for non-USD pegged stablecoins increases. S&P forecasts this market could reach 570 billion euros by 2030.

AllUnity states that multi-chain deployment with compliance features is expected to encourage organizations and businesses to use euro-denominated assets on the blockchain.

Thank you all for reading this article!

Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news in the cryptocurrency market and not miss any important information!

SOL-0.27%
ETH-0.24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin