MiCA-Compliant EURAU Bridges Traditional and Blockchain Finance with Chainlink-Powered Cross-Chain Expansion

Deutsche Bank and DWS-backed EURAU, a euro-pegged stablecoin developed by AllUnity, has expanded its functionality to support cross-chain transactions across major blockchains including Ethereum, Arbitrum, Base, Optimism, Polygon, and Solana. This move, enabled by Chainlink's Cross-Chain Interoperability Protocol (CCIP), marks a significant step in bridging traditional finance with blockchain technology while adhering to the European Union's Markets in Crypto-Assets (MiCA) regulatory framework, according to a Coinotag report. The integration allows EURAU to facilitate secure, zero-slippage transfers between networks, addressing liquidity fragmentation in Europe's growing digital asset ecosystem, as reported by Cointelegraph.

EURAU, fully backed by euro reserves held in segregated accounts, is marketed for institutional use cases such as B2B payments, treasury management, and on-chain settlements. AllUnity CEO Alexander Höptner emphasized that the CCIP integration "allows EURAU to operate seamlessly across multiple blockchains," enhancing its usability for enterprises, Cointelegraph reported. The stablecoin's expansion to six major blockchains, with plans to extend to the Canton Network—a blockchain tailored for institutional financial applications—further solidifies its role in tokenized finance, according to AllUnity's announcement. Chainlink Labs' President of Banking and Capital Markets, Fernando Vazquez, highlighted that the partnership establishes "core infrastructure for the next generation of tokenized finance across Europe," underscoring the strategic alignment with MiCA compliance, the Coinotag report added.

The MiCA-compliant stablecoin received regulatory approval from Germany's Federal Financial Supervisory Authority (BaFin) in July 2025, enabling its launch under a stringent framework that mandates regular audits and transparent reserve management, Coinotag reported. This compliance is critical in a market where the EU is actively promoting euro-backed stablecoins to reduce reliance on dollar-dominated systems. EURAU's institutional-grade infrastructure is supported by Deutsche Bank's $1.647 trillion balance sheet and DWS's €1.01 trillion in assets under management, providing credibility to its cross-border payment capabilities, Cointelegraph noted.

Chainlink's CCIP employs a burn-and-mint model to ensure 1:1 parity and supply consistency across chains, addressing a key challenge in multi-chain stablecoin operations. By leveraging the Cross-Chain Token (CCT) standard, EURAU eliminates slippage during transfers, a feature essential for institutional clients requiring precision in transactions, AllUnity's announcement explained. The protocol's security is further bolstered by Chainlink's track record in processing billions in cross-chain value, as noted by the Coinotag piece.

The expansion aligns with broader trends in European fintech, where regulated stablecoins are increasingly seen as a cornerstone for tokenized assets. For instance, Swiss crypto app Relai recently secured a MiCA license, and Circle's USDC has gained traction in MiCA-compliant markets, according to a Bitget report. The European Central Bank (ECB) also aims to launch a digital euro by 2029, signaling a regulatory environment conducive to innovation while maintaining financial stability, the Bitget report added.

As EURAU's adoption grows, it positions AllUnity as a key player in the transition to tokenized finance. The stablecoin's ability to bridge public and permissioned networks—such as the Canton Network—further underscores its potential to streamline B2B transactions and treasury workflows for enterprises, the Coinotag report observed. With Chainlink's infrastructure underpinning its operations, EURAU's multichain strategy could accelerate the integration of blockchain into traditional financial systems, particularly in Europe's regulated markets.