Deutsche Bank-Backed Euro Stablecoin Expands Across Blockchains With Chainlink

AllUnity’s euro-backed stablecoin EURAU is taking a major step forward, expanding to several leading blockchains through Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

The move strengthens the project’s ambition to connect Europe’s financial system with the onchain economy.

The stablecoin, developed by Deutsche Bank and DWS, will now operate on Ethereum, Arbitrum, Base, Optimism, Polygon, and Solana, with future integration planned for the Canton Network, a platform designed for institutional finance.

Linking Europe’s Digital Finance Ecosystem

According to CEO Alexander Höptner, CCIP enables EURAU to move seamlessly between blockchains, enhancing accessibility and liquidity. Chainlink Labs’ banking division president Fernando Vazquez called the rollout a “cornerstone for Europe’s next wave of tokenized finance,” emphasizing that the partnership sets a technical foundation for crosschain euro transactions at scale.

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Unlike most stablecoins aimed at retail users, EURAU is MiCA-compliant and fully reserve-backed, targeting business payments, treasury settlements, and institutional finance.

From Regulation to Interoperability

The launch follows AllUnity’s BaFin license earlier this year, which made EURAU one of the first euro stablecoins officially registered under the EU’s MiCA framework. By leveraging Chainlink’s infrastructure, AllUnity seeks to create a trusted bridge for euro liquidity across both public and permissioned networks.

The initiative carries significant institutional weight: DWS manages more than €1 trillion in assets, while Deutsche Bank holds over $1.6 trillion on its balance sheet. Together, their backing gives EURAU a rare level of credibility in a sector still seeking regulatory and banking alignment.

With its multichain expansion, AllUnity positions EURAU not just as another stablecoin, but as a foundation for Europe’s emerging tokenized finance ecosystem – one built on compliance, connectivity, and institutional-grade trust.