Deployments · platform by AllUnity

AllUnity EURAU euro stablecoinUpdated 7 Nov 2026

A euro stablecoin issued under MiCA by AllUnity, a Frankfurt e-money institution owned by DWS (Deutsche Bank's asset manager), Flow Traders and Galaxy. Issued from mid-2025 with reserves held as deposits at several banks. Deutsche Boerse agreed in November 2025 to offer custody through Clearstream. On-chain supply was still very small in October 2026.

Live (limited) since 31 Jul 2025^[2]i — Supply of about EUR 0.3 million on-chain in October 2026. · Reviewed 25d ago i

Assets

Stablecoin^[3]

Euro e-money token under MiCA

Networks

Ethereum Public, permissionless^[4]

Base Public, permissionless^[4]

Stellar Public, permissionless^[5]

SEP-41 smart-contract token

Use cases i

Primary issuance^[4]

Jurisdictions

Germany, European Union

Standards

CCIP^[7]

Participants

• AllUnityPlatform provider, Issuer, Operator^[3]Germany
• DWSInvestor^[3]Germany
• Flow TradersInvestor, Distributor^[3]Netherlands
• Galaxy DigitalInvestor^[3]United States
• ClearstreamCustodian^[3]Luxembourg
• Crypto FinanceCustodian^[3]Switzerland
• Bankhaus MetzlerCustodian^[8]Germany
• V-BankCustodian^[9]Germany
• BitGoCustodian, Distributor^[10][11]United States
• CopperCustodian^[12]United Kingdom
• Zodia CustodyCustodian^[13]United Kingdom
• TanganyCustodian, Technology provider^[14]Germany
• TradevestCustodian, Distributor^[15]Germany
• DLT FinanceMarket maker or liquidity provider, Distributor^[16]Germany
• FireblocksTechnology provider^[17]United States
• BitpandaDistributor^[18]Austria
• tradiasMarket maker or liquidity provider, Distributor^[19]Germany
• HercleDistributor^[20]Italy
• FlowdeskMarket maker or liquidity provider^[21]France
• LedgerTechnology provider^[22]France
• DfnsTechnology provider^[23]France
• FISTechnology provider^[24]United States
• BullishClient or user^[25]Cayman Islands

Operates under

• MiCA e-money token issuers notified on ESMA's interim register (selected holders)European Union · Product or firm authorisation^[1]
• Markets in Crypto-Assets Regulation (MiCA), Regulation (EU) 2023/1114European Union · Primary legislation^[2][6]

Assets

• IssuesEURAU (EURAU)^[2]

Moves across networks

• viaChainlink CCIP^[7]Integration announced October 2025 (burn-and-mint via the Cross-Chain Token standard), with native issuance planned on Arbitrum, Base, Ethereum, Optimism, Polygon and Solana and Canton later; no live CCIP route evidenced, so no networks recorded.

Metrics i

• ~€310,082Tokens in circulation · as of 11 Oct 2026^[4]
  On-chain via DefiLlama: sum of per-chain euro balances. Corrected 2026-10-11: the earlier total was DefiLlama's summary figure, which is in US dollars.
• ~€298,510Tokens in circulation · as of 11 Oct 2026 · on Ethereum^[4]
  On-chain via DefiLlama.
• ~€11,530Tokens in circulation · as of 11 Oct 2026 · on Base^[4]
  On-chain via DefiLlama.
• ~€284,471Supply on chain (daily) · as of 7 Nov 2026^[26]
  Automated daily reading of on-chain supply across all chains.
• ~€272,899Supply on chain (daily) · as of 7 Nov 2026 · on Ethereum^[26]
  Automated daily reading.
• ~€11,530Supply on chain (daily) · as of 7 Nov 2026 · on Base^[26]
  Automated daily reading.

Timeline

1. Happened 26 Nov 2025 · Announcement · recorded 11 Oct 2026
   Deutsche Boerse and AllUnity sign a memorandum; Clearstream to offer custody of EURAU with Crypto Finance as sub-custodian.^[3]
2. Happened 31 Jul 2025 · Launch · recorded 11 Oct 2026
   AllUnity issues EURAU after receiving its e-money licence from BaFin effective 1 July 2025.^[2]

Sources i