Galaxy Digital’s AllUnity (a Mike Novogratz-backed firm) has just secured a BaFin license to roll out EURAU – the first euro-backed stablecoin to meet MiCAR’s full regulatory standard.
And let’s be honest: it’s about time the EU took the wheel on this one.
While the U.S. is still figuring out how to regulate the concept of a dollar on-chain, Europe’s laying down the pipes for a 24/7, real-time, fully collateralized settlement layer.
What’s the play here? Simple. The MiCA regulation gives EURAU instant legitimacy, and AllUnity’s institutional clout means it’s gunning for enterprise adoption from day one.
If this lands, it could open the door to a $6.8T stablecoin-driven liquidity play, the kind Arthur Hayes has been forecasting for years.
Unlike the loosely defined stablecoins floating around on-chain today, EURAU will be 100% collateralized, auditable, and backed 1:1 in EU-regulated banks, with routine transparency baked in.
Arthur Hayes, ex-BitMEX CEO and crypto macro whisperer, isn’t bullish on stablecoins because they’re innovative. He’s bullish because they’re useful to the U.S. government.
Forget quantitative easing. This is stealth monetization wrapped in blockchain drag.
Why does that matter for EURAU? If it catches on, Europe could replicate the same model using MiCA-regulated stablecoins to fund deficits without triggering a rate spike.
Hayes puts it bluntly by claiming this is how the ECB might eventually fund deficits, without a printer.
Let’s be clear… AllUnity isn’t some rogue DeFi outfit. With backing from Galaxy Digital, DWS, and Flow Traders, this is a fully institutional play, tailored for regulators and built to fit neatly inside the MiCAR framework.
And that’s exactly the point. EURAU isn’t just a Euro stablecoin, it’s infrastructure. If it works, it gives governments a way to borrow on-chain, quietly and efficiently, without printing money or spooking the bond market.
Wallets are the front door to everything in crypto. Whether you’re holding $BTC, swapping tokens, or receiving airdrops, it all starts with your wallet. And as stablecoins like EURAU gain regulatory momentum, the importance of secure, user-friendly wallets only grows.
Whether you’re yield farming, swapping, or jumping into presales, Best Wallet makes crypto simple and secure – no private key worries, no hacking vulnerability.
The presale has already pulled in $13.6M, with stage one selling out in just six hours. The token is currently priced at $0.025275, and staking rewards are maxed at 100%, showing strong conviction from early holders who aren’t just buying, they’re locking in.
Currently, the wallet is in phase two of its roadmap. It’s already a true multi-chain wallet, supporting Ethereum, Bitcoin, BNB Smart Chain, and Polygon, with Solana, Base, TON, and 60+ more on the way.
You can also use it to swap assets across 90+ blockchains via 330 DEXs and 30 bridges, all with low fees and top rates.
EURAU signals that Europe is serious about leading the charge on regulated stablecoins. While the U.S. keeps bickering, the EU is building. And if stablecoins really do become the plumbing for modern finance, the wallets that connect users to that system will be just as important.
With MiCAR lighting the way and Best Wallet gaining traction, we might finally be entering crypto’s post-shitcoin phase, where utility and compliance lead, not hype.
As always, this isn’t financial advice. Just the facts as we see them.
Do Your Own Research (DYOR) before jumping in. Crypto moves fast, and every investment comes with risk.