AllUnity is supported by Galaxy Digital to secure MiCA licensing to promote stablecoin growth.

robot
Abstract generation in progress

AllUnity, a joint venture supported by Galaxy Digital, has received the E-Money Institution license (EMI) from BaFin, opening up opportunities for stablecoin development. This license allows AllUnity to issue EURAU, a fully regulated Euro stablecoin, in compliance with the EU's MiCAR regulations.

EURAU will be the first stablecoin regulated by BaFin, ensuring 100% collateralized assets and providing transparency through reserve proof. This stablecoin is designed for financial institutions, facilitating cross-border transactions 24/7.

The launch of EURAU meets the liquidity demands in the European digital economy and establishes a new standard for utility in a regulated environment. Major partners such as DWS and Flow Traders have collaborated with AllUnity on this project, marking the development of the stablecoin market in Europe.

AllUnity is supported by Galaxy Digital to ensure MiCA licensing to promote Stablecoin growth

B-4.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)