EURAU Goes Multi-Chain: AllUnity and Chainlink Tackle Liquidity Fragmentation in Europe

AllUnity, a regulated e-money institution backed by DWS Group, Flow Traders, and Galaxy, has partnered with Chainlink to enable cross-chain payments for its euro-denominated stablecoin, EURAU. The collaboration integrates Chainlink's Cross-Chain Interoperability Protocol (CCIP), transforming EURAU into a multi-chain-native stablecoin and addressing liquidity fragmentation in Europe's expanding digital asset markets, as reported by a CryptoTimes report. EURAU, issued under a BaFin e-money license, is designed for 24/7 settlements and liquidity across DeFi and TradFi ecosystems, ensuring compliance with the EU's Markets in Crypto-Assets Regulation (MiCAR), the CryptoTimes piece notes.

The partnership leverages CCIP and the Cross-Chain Token (CCT) standard to maintain 1:1 supply parity, zero-slippage transfers, and institutional-grade liquidity across networks like Ethereum, Solana, and Polygon, the CryptoTimes article adds. EURAU will be natively issued via CCIP on Arbitrum, Base, Ethereum, Optimism, Polygon, and Solana, with future expansion to the Canton Network. Alexander Höptner, CEO of AllUnity, emphasized that this move marks a milestone in building "secure, compliant, and truly interoperable financial infrastructure across Europe," the report states.

The collaboration aligns with broader trends in stablecoin adoption, as regulatory frameworks like MiCAR gain traction. For instance, Swiss Bitcoin app Relai recently secured a MiCA license in France, becoming one of the first crypto-asset service providers (CASP) under the regulation, according to TradingView. Similarly, Circle's USDC has overtaken Tether's USDT in onchain activity, driven by MiCAR compliance and partnerships with payment giants like Visa and Mastercard, according to CoinDesk.

Chainlink's integration also reflects growing institutional confidence in stablecoin-driven cross-border solutions. ClearBank, a technology-enabled clearing bank, recently joined Circle's Payments Network to expand access to USDC and EURC, enhancing real-time, transparent settlements for European clients, per a TradingView report. These developments underscore the shift toward regulated, multi-currency stablecoins as foundational infrastructure for tokenized finance.

The European Central Bank (ECB) has further signaled its commitment to digital currency, targeting a digital euro pilot by 2027 and a full launch by 2029 to counter U.S.-dominated payment systems, as covered by Investing.com. As EURAU and similar projects scale, they position Europe to lead in secure, interoperable financial ecosystems, bridging traditional and decentralized finance.