EURAU Expands to Multiple Blockchains: AllUnity and Chainlink Address Liquidity Fragmentation Across Europe
- AllUnity partners with Chainlink to enable cross-chain EURAU stablecoin payments via CCIP, addressing European liquidity fragmentation in digital assets. - EURAU, MiCAR-compliant and issued on Ethereum, Solana, and Polygon, ensures 1:1 parity and institutional-grade liquidity across 6+ blockchains. - CEO Alexander Höptner highlights this as a milestone for secure, interoperable financial infrastructure in Europe's tokenized finance ecosystem. - MiCAR-driven trends see Swiss Relai and Circle's USDC expand
AllUnity, a licensed electronic money institution supported by DWS Group, Flow Traders, and Galaxy, has joined forces with
This collaboration utilizes CCIP and the Cross-Chain Token (CCT) standard to ensure 1:1 supply matching, seamless transfers without slippage, and institutional-level liquidity across networks such as
This partnership is in line with the broader movement toward stablecoin adoption, as regulatory measures like MiCAR become more influential. For example, Swiss
Chainlink’s integration also highlights the increasing trust institutions have in stablecoin-powered cross-border payment solutions. ClearBank, a tech-driven clearing bank, recently became part of Circle’s Payments Network to broaden access to USDC and EURC, improving instant and transparent settlements for clients in Europe, according to a
The European Central Bank (ECB) has also demonstrated its dedication to digital currency, aiming for a digital euro pilot by 2027 and a full-scale launch by 2029 to provide an alternative to U.S.-centric payment networks, as noted by
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Institutional integration and practical applications drive the rise of HBAR, AVAX, and BDAG altcoins
- Hedera's HBAR gains 7% on Nasdaq ETF debut, becoming third crypto ETF after Bitcoin and Ethereum, signaling institutional confidence. - Avalanche's AVAX secures $638M in tokenized Treasurys and attracts Wyoming's FRNT stablecoin, but struggles with $19.66 price amid market volatility. - BlockDAG (BDAG) raises $432M pre-launch with 312K+ holders, positioning as potential 2025 breakout via $0.05 listing target and live Layer-1 network. - Market shifts toward utility-driven altcoins like HBAR's AI governanc
Bitcoin News Update: Hong Kong Cautions That DAT Premiums May Disappear Suddenly, Triggering a Wave of Selling
- DAT strategy stocks like MSTR and meme DATs face sharp sell-offs, with MSTR down 53% and major meme DATs losing over 80% as investor confidence wanes. - Hong Kong regulators warn DAT premiums (e.g., mNAV ratios) could vanish rapidly under stricter oversight, citing MSTR's 3.6% YTD share decline despite Bitcoin gains. - U.S. crypto ETFs lost $552M in two days (Oct 29-30), with Fidelity's FBTC leading outflows, as Fed Chair Powell hinted 2025 rate cuts may end, deepening market uncertainty. - Bitcoin and E
Dogecoin News Today: Meme Coin Joins Forces with Defense: Former Air Force Leader Commits $53M to Dogecoin
- A U.S. Air Force commander invested $53M in Dogecoin, signaling growing institutional confidence in the meme coin despite its volatility. - Recent whale activity and a 20% surge in DOGE trading volume highlight increased market speculation and liquidity. - The Dogecoin Treasury's planned public listing could attract institutional investors, potentially stabilizing its price amid regulatory risks. - XRP's 7% weekly gain reflects broader crypto optimism, though technical indicators caution short-term trade
Bitcoin News Update: MicroStrategy's Bold Crypto Bet Falters as Shares Plunge 53% Due to Investor Skepticism
- MicroStrategy's stock plunged 53% as Bitcoin's 8% drop eroded $18B in market cap, linking its fate to crypto volatility. - The company's Bitcoin-centric strategy faces skepticism despite $74B in BTC holdings, with critics warning of unproven risk. - Macroeconomic headwinds, Fed policy uncertainty, and regulatory pressures amplified the selloff in crypto-linked equities. - Analysts split between bearish technical indicators and bullish S&P 500 inclusion potential, while CEO Phong Le maintains $150K BTC pr
Trending news
MoreCrypto prices
More
