AllUnity, the Germany-based e-money institution behind the regulated EURAU stablecoin, has formed a partnership with Privy, the crypto wallet infrastructure provider owned by Stripe, to enable seamless euro payments via blockchain. The integration allows businesses, fintech platforms, and e-commerce merchants to embed EURAU wallets directly into their applications, facilitating euro-denominated digital payments, receipts, and programmable treasury operations without reliance on traditional banking rails.
Under the agreement, Privy will incorporate EURAU as a native asset within its wallet SDK, allowing users to mint, burn, and transfer digital euros through a standardized interface. Companies can automate use cases such as payroll distribution, supplier invoices, and real-time settlement in EURAU, with an optional yield layer for idle balances via decentralized finance (DeFi) protocols. The solution addresses a notable gap in stablecoin offerings by providing a regulator-compliant, euro-pegged asset, expanding beyond the U.S. dollar dominance in the stablecoin market.
Alexander Höptner, CEO of AllUnity, commented that the partnership “marks a significant milestone in the broader adoption of EURAU,” highlighting that issuance is backed by fully reserved euro deposits under BaFin supervision. Henri Stern, CEO of Privy, stated that enabling euro-denominated stablecoin payments aligns with Stripe’s vision of empowering global commerce through digital finance innovation. The two firms anticipate that integrating EURAU will reduce operational costs, accelerate cross-border transfers within the Eurozone, and enhance liquidity management for enterprises operating across multiple jurisdictions.
This collaboration comes ahead of the Markets in Crypto-Assets Regulation (MiCAR) enforcement in 2026, which will establish a comprehensive legal framework for stablecoins in the European Union. Early adoption by corporates, including a recent pilot by Societe Generale’s FORGE subsidiary, underscores growing institutional interest in regulated euro stablecoins. By combining AllUnity’s issuance capabilities with Privy’s distribution network, the partnership seeks to position EURAU as the euro on-chain standard, reinforcing European digital finance infrastructure and complementing global stablecoin ecosystems.
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