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AllUnity Expands EURAU to Solana as Euro Stablecoin Market Nears $1B
AllUnity expanded its euro-backed stablecoin EURAU to Solana as euro-pegged stablecoins grew to almost $1 billion. EURAU debuted on Ethereum last July and is issued under a regulated e-money framework aligned with the EU’s MiCA rules. AllUnity said the Solana deployment aims to reduce settlement time and costs, while Bullish, Privy, Hercle and Transak prepare to use EURAU on the network.