AllUnity’s euro-pegged stablecoin EURAU, a joint project between Deutsche Bank and asset manager DWS, is taking a major step toward interoperability by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to expand across multiple blockchains.
Through this partnership, EURAU will become available on Ethereum, Arbitrum, Base, Optimism, Polygon, and Solana, with future plans to also connect to the Canton Network, a blockchain tailored for institutional finance applications.
AllUnity CEO Alexander Höptner said the integration will enable EURAU to “operate effortlessly across various blockchain ecosystems,” significantly enhancing its utility and adoption potential. Chainlink Labs’ president of banking and capital markets, Fernando Vazquez, added that this marks a pivotal moment for Europe’s tokenized finance industry, calling AllUnity’s approach “the foundation for Europe’s next generation of onchain financial infrastructure.”
EURAU fully complies with the Markets in Crypto-Assets (MiCA) regulation and is entirely backed by euro reserves. The stablecoin is primarily designed for business-to-business (B2B) use cases such as corporate payments, treasury operations, and blockchain-based settlements.
Chainlink’s CCIP provides a secure way to transfer tokens, data, and messages between different blockchain networks. By using Chainlink’s infrastructure, EURAU can function as a cross-network asset, allowing enterprises and financial institutions to transact seamlessly across ecosystems without worrying about blockchain silos.
The project’s European focus aligns with its institutional origins — a collaboration between two of Germany’s largest financial players, Deutsche Bank and DWS Group.
DWS manages approximately €1.01 trillion ($1.67 trillion) in assets, while Deutsche Bank holds around $1.65 trillion in total assets, according to Companies Market Cap data.
Earlier this year, AllUnity secured a license from BaFin, Germany’s financial regulator, authorizing it to issue EURAU under the MiCA framework starting in late July 2025 — positioning it as one of Europe’s first fully regulated, institution-backed stablecoins.
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