AllUnity in Germany extends its Euro stablecoin EURAU to the Solana blockchain.
CoinFeed reported on April 30th that, according to CoinDesk, German joint venture AllUnity announced the listing of its compliant euro stablecoin EURAU on Solana, following Ethereum, to provide faster and lower-cost on-chain euro settlement. EURAU is issued with full reserves under the EU MiCA electronic money framework and is targeted at payment institutions, enterprises, and developers for cross-border payments, transactions, lending, and fund management. The report points out that with rising demand for non-USD stablecoins, the market capitalization of euro stablecoins has more than doubled since the beginning of 2025 to nearly $1 billion, and S&P predicts the market could reach €570 billion by 2030. AllUnity stated that its multi-chain deployment and compliance attributes are expected to drive institutions and enterprises to use euro-denominated assets on-chain.