Overview

• EURAU is the first euro-pegged stablecoin issued under the EU’s Markets in Crypto-Assets Regulation and licensed as electronic money by Germany’s BaFin.
• Issued as an ERC-20 token on Ethereum, EURAU went live on July 31 with BTC/EURAU and USDC/EURAU trading pairs on Bullish Europe.
• A consortium of European banks will manage its 1:1 euro reserves with routine proof-of-reserve disclosures to meet strict MiCAR transparency requirements.
• Flow Traders has been designated as the market maker to provide initial liquidity for the newly launched stablecoin.
• AllUnity plans to roll out EURAU support on additional blockchain networks later in 2025 to expand institutional and corporate access.