Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
AllUnity and Stripe’s Privy Join Forces to Enable Euro Stablecoin Payments

AllUnity and Stripe’s Privy Join Forces to Enable Euro Stablecoin Payments

CryptoNewsNetCryptoNewsNet2025/09/29 11:30
By:coindesk.com

AllUnity, a German regulated e-money institution backed by DWS, Flow Traders, and Galaxy, and issuer of the EURAU euro stablecoin, has partnered with Privy, the crypto wallet infrastructure firm owned by Stripe.

The move enables fintechs, e-commerce platforms, and enterprises to embed EURAU wallets directly into their applications. Users could then pay, receive, or hold digital euros, with the option to convert between stablecoins and fiat, the companies said on Monday.

The integration also supports programmable treasury tools. For example, a business could automate payroll in EURAU or handle supplier payouts in real time, reducing reliance on traditional banking rails. Companies may also earn decentralized finance (DeFi) yield on idle balances, though such opportunities remain experimental, according to a press release.

The deal positions EURAU within Stripe’s broader crypto ecosystem, giving it exposure to payments infrastructure already used by millions of merchants. While most stablecoins in circulation track the U.S. dollar, this partnership brings a regulated euro option into mainstream payment flows.

Alexander Höptner, CEO of AllUnity, said the partnership “marks a significant milestone in the broader adoption of EURAU,” while Privy CEO Henri Stern emphasized that euro-based stablecoin use has been underdeveloped compared to dollar offerings.

The agreement signals growing interest in euro-denominated digital money as European regulators prepare to enforce MiCAR, the EU’s comprehensive crypto framework, in 2026. Last week, French bank SocGen's FORGE subsidiary chose Bullish Europe to debut a euro-denominated stablecoin.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Paramount SkyDance (PSKY.US) Nears Settlement Agreement to Advance $110 Billion Warner Acquisition, But Some State Attorneys General Still Withhold Support

According to reports, Paramount is engaged in in-depth negotiations with state attorneys general to facilitate the completion of its $110 billion acquisition of Warner Bros. Discovery; however, not all state attorneys general support this plan.

智通财经2026/09/21 02:56

More Hawkish Than Market Consensus! JPMorgan: South Korea Interest Rates Targeted at 3.75%, Terminal Rate ‘Ceiling’ Undetermined

JPMorgan believes that if semiconductor-driven growth triggers stronger inflation and credit and financial markets remain stable, its already above-market-consensus forecast for South Korea's interest rates will face upside risks.

智通财经2026/09/21 02:31

Ackman "Switches Holdings" to AI Giants: Sells All Alphabet (GOOGL.US) Shares, Increases Meta (META.US) Holdings—Should Investors Follow?

Ackman made it clear that this is not a bearish outlook on Alphabet, but rather a decision to shift funds to other, more attractive opportunities given the current valuation.

智通财经2026/09/21 01:56