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The joint venture AllUnity has obtained an EMI license issued by Germany's BaFin and will issue a euro stablecoin compliant with MiCAR.
According to a report from 深潮 TechFlow on July 2, AllUnity announced that it has obtained an Electronic Money Institution (EMI) license issued by the Federal Financial Supervisory Authority (BaFin) of Germany on July 1, 2025. As a joint venture of DWS, Flow Traders, and Galaxy, AllUnity will issue a euro stablecoin named EURAU.
EURAU will be 100% collateralized and provide institutional-grade transparency through reserve proof and regulatory reporting. The stablecoin supports 24/7 instant cross-border settlements and can be seamlessly integrated into the operations of regulated financial institutions, fintech companies, treasury management systems, and corporate clients.
AllUnity CEO Alexander Höptner stated that obtaining EMI licensing is a fundamental step for the company towards establishing a truly secure, transparent, and compliant digital cross-border payment ecosystem.