EURAU Launches on the Stellar Network

AllUnity, a joint venture between DWS, Flow Traders, and Galaxy, has announced the integration of EURAU on the Stellar network. This integration enables regulated euro liquidity on one of the world’s most established payment-optimized public blockchains, enabling banks, corporates, fintechs and payment providers to access euro-backed, compliant on-chain settlements at scale.

EURAU is a fully-reserved, euro-backed stablecoin issued under a regulated framework and AllUnity’s robust compliance and transparency standards. Now live on the Stellar network, EURAU delivers fast, low-cost, and highly interoperable settlement for businesses, fintechs, and individual users seeking to connect with the global digital economy.

“Expanding EURAU to the Stellar network aligns with our mission to make digital currency accessible, transparent, and useful across borders. This launch enables businesses and consumers to experience the efficiency of blockchain-based payments while maintaining confidence in regulatory compliance and liquidity,” said Peter Grosskopf, CTO and COO of AllUnity.

“EURAU’s launch on Stellar underscores why institutions choose Stellar as the go-to infrastructure for enterprise-grade finance,” said Raja Chakravorti, Chief Business Officer at the Stellar Development Foundation. “With a network purpose-built for regulated assets, high-throughput payments, and real-world interoperability, Stellar enables compliance-minded euro based liquidity to move globally at the speed and scale modern financial markets demand.”

The integration of EURAU on the Stellar network is already being adopted across the ecosystem, powering innovative use cases among a growing number of partners and ecosystem companies including PwC DE, Noumena and Crossmint. With EURAU on Stellar, users can now benefit from near-instant, low-fee euro transfers settled in seconds and programmable money infrastructure enabling tokenized payments, payouts, and remittances.

For further information, please visit AllUnity, or contact the AllUnity team directly at contact@allunity.com.

The post EURAU Launches on the Stellar Network appeared first on Crypto Reporter.