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Backed by DWS+Galaxy Digital, protected by the MiCA framework, a legitimate euro stablecoin has finally appeared on Solana.
Supported by DWS, Flow Traders, and Galaxy Digital, the joint venture AllUnity announced the expansion of its euro stablecoin EURAU, compliant with the EU MiCA regulatory framework, to the Solana blockchain network to improve on-chain euro transfer efficiency and support compliant financial applications. EURAU was first launched on Ethereum in July last year, backed by 100% reserves, and issued under the EU electronic money regulatory framework. With this integration into Solana, AllUnity aims to leverage its high-performance network to achieve faster settlement speeds and lower transaction costs, enabling businesses and developers to complete euro on-chain transfers within seconds. This mechanism can be widely applied in cross-border payments, transaction settlement, lending, and corporate fund management scenarios. For example, payment companies can make real-time payments to overseas contractors without waiting days for traditional bank transfers to clear!