AllUnity obtains EMI license from German BaFin and will issue Euro stablecoin EURAU
2025-07-02 09:12:23
Odaily News According to AllUnity's announcement, the company has obtained an Electronic Money Institution (EMI) license issued by the German Federal Financial Supervisory Authority (BaFin) on July 1, 2025. As a joint venture between DWS, Flow Traders and Galaxy, AllUnity will issue a euro stablecoin called EURAU. EURAU will be 100% collateralized and provide institutional-level transparency through reserve certificates and regulatory reports. The stablecoin supports 24/7 instant cross-border settlement and can be seamlessly integrated into the business of regulated financial institutions, fintech companies, treasury management systems and corporate customers.
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