AllUnity, Privy Partner to Embed EURAU Euro Stablecoin Wallets

  • AllUnity partnered with Privy to allow companies to embed euro stablecoin wallets in their apps.
  • The partnership lets users pay, receive, or hold EURAU digital euros and switch between stablecoins and regular money.
  • The system includes programmable treasury tools, automating business functions like payroll and supplier payments.
  • The deal connects EURAU to Stripe’s global payments network, introducing a mainstream euro-backed stablecoin option.
  • Interest in euro-based digital assets is growing as the EU prepares to enforce new crypto rules by 2026.

AllUnity, a German e-money institution regulated by authorities and backed by DWS, Flow Traders, and Galaxy, has formed a partnership with crypto wallet infrastructure company Privy. The announcement, made on Monday, will enable fintech companies, e-commerce platforms, and businesses to integrate wallets for the EURAU euro stablecoin directly into their services.

- Advertisement -

This partnership allows users to send, receive, or store digital euros, and convert between stablecoins and traditional money (fiat). The companies stated that these features are expected to streamline payments, allowing for smoother digital transactions in applications where EURAU is embedded.

Automated treasury management is another component of this integration. Companies can use programmable tools to automate payroll using EURAU or make real-time supplier payments. This reduces the need for traditional banking networks. According to the press release, businesses may also have the option to earn decentralized finance (DeFi) yield on any idle EURAU balances, though these opportunities are still experimental at this stage.

The EURAU stablecoin will now be accessible within Stripe’s crypto-related payment ecosystem, providing exposure to millions of merchants already using Stripe’s infrastructure. Although most stablecoins are linked to the U.S. dollar, this move introduces a regulated euro-backed stablecoin to larger payment flows and European markets.

“This partnership marks a significant milestone in the broader adoption of EURAU,” said Alexander Höptner, CEO of AllUnity in an official statement. Privy CEO Henri Stern commented that the use of euro-denominated stablecoins has not kept pace with their U.S. dollar counterparts.

- Advertisement -

These developments come as European regulators prepare to implement the Markets in Crypto-Assets Regulation (MiCAR) in 2026, which is the EU’s comprehensive regulatory framework for digital assets. Last week, French bank SocGen’s FORGE unit selected Bullish Europe to issue its own euro-backed stablecoin, highlighting growing interest across the region.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Wisconsin Bill Proposes Crypto Mining, Staking License Exemptions

Wisconsin lawmakers propose a bill to exempt individuals and businesses from money transmitter licenses...

Dormant Bitcoin Whale Moves $44M After 12 Years, Spooking Market

An inactive Bitcoin wallet holding 400 BTC, valued at over $44 million, moved funds...

Nvidia Stock Jumps as $100B OpenAI Investment Talks Fuel Optimism

NVIDIA stock rose 2% after recent losses, as several other AI-related stocks also saw...

Turkey Plans Law Allowing Watchdog to Freeze Crypto Accounts

Turkey plans to give its financial watchdog, Masak, power to freeze both bank and...

Intel Stock Surges as Apple, Nvidia Talks Fuel Bullish Analyst Targets

Intel shares surged 20% last week after reports of possible investments from major tech...
- Advertisement -

Must Read

10 Best Bitcoin Debit Cards

You are reading this post because you want to get your hands on the best bitcoin debit card - right? Well, we got you covered. We...