AllUnity, issuer of EURAU — the euro-backed MiCA-compliant stablecoin — and regulated e-money institute, has entered into a partnership with oracle platform Chainlink, which will see the integration of the Cross-Chain Interoperability Protocol (CCIP) to power transfers of EURAU across a number of public blockchains using the Cross-Chain Token (CCT) standard.
AllUnity — backed by DWS Group, Flow Traders, and Galaxy — supports instantaneous, 24/7 euro-denominated stablecoin payments and liquidity for major institutions across Europe, providing a regulated settlement rail for digital asset exchanges, tokenised securities platforms, and a number of major European banks.
Through its integration of Chainlink CCIP, EURAU will become a multi-chain stablecoin, in turn meeting institutional requirements for interoperability, data integrity, and regulatory compliance across a plethora of jurisdictions.
Due to CCIP’s burn-and-mint model, the stablecoin will be capable of native, zero-slippage cross-chain transfers, while maintaining its 1:1 parity of value and supply across all supported networks.
EURAU will initially be issued across Arbitrum, Base, Ethereum, Optimism, Polygon, and Solana, with further planned future expansion to blockchain networks such as Canton.
Alexander Höptner, CEO of AllUnity says the integration of the Chainlink interoperability standard enables “our euro-backed stablecoin to operate seamlessly across multiple blockchains”.
President of Banking and Capital Markets at Chainlink Labs, Fernando Vazquez, sees the partnership and integration of CCIP as marking a “pivotal step toward a unified, onchain global financial system”.
He believes that: “By leveraging the Chainlink interoperability standard, AllUnity is establishing the core infrastructure for the next generation of tokenised finance across Europe."
Image: AllUnity 