EURAU Stablecoin Migrated to Solana: Fast Euro Payments

SOL

SOL/USDT

$84.10
+1.68%
24h Volume

$1,477,858,989.41

24h H/L

$84.38 / $82.68

Change: $1.70 (2.06%)

Long/Short
75.1%
Long: 75.1%Short: 24.9%
Funding Rate

+0.0061%

Longs pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$84.08

1.19%

Volume (24h): -

Resistance Levels
Resistance 3$91.7341
Resistance 2$87.2821
Resistance 1$84.639
Price$84.08
Support 1$83.1083
Support 2$81.1731
Support 3$78.4075
Pivot (PP):$83.8467
Trend:Downtrend
RSI (14):47.5
(05:06 AM UTC)
2 min read

Contents

524 views
0 comments

EURAU Stablecoin Migrated to Solana Blockchain

The joint venture established with the support of AllUnity, DWS, Flow Traders, and Galaxy Digital (GLXY) has migrated its euro-based stablecoin EURAU to the Solana blockchain. This move aims to accelerate euro transfers and strengthen regulatory-compliant onchain finance. EURAU was launched on Ethereum last July and is issued fully reserved under an e-money framework compliant with the European Union's MiCA rules. With the transition to Solana, the company promises faster settlement and lower costs for euro-denominated transactions. Businesses can now transfer onchain euros in seconds. Check here for SOL detailed analysis.

Solana's Speed and Scalability Advantages

EURAU's presence on Solana offers payment companies real-time cross-border payment capabilities; for example, contractors can be paid instantly instead of waiting days for bank transfers. The same infrastructure also paves the way for working with stable euro units in areas like trading, lending, or treasury management. AllUnity states that this expansion responds to demand for regulated euro stablecoins. Company CTO and COO Peter Grosskopf says, "As demand accelerates, Solana's speed and scalability provide an ideal environment for institutional settlement and cross-border payments." Various partners like Bullish (owner of CoinDesk), Privy, Hercle, and Transak are also preparing to integrate EURAU on Solana for payments, trading, and fiat on-ramps. Solana (SOL) is currently trading at $83.86 (+1.72% 24h), with RSI at 47.12 in a downtrend; strong support levels at S1 $83.09 and S2 $81.17.

META's Stablecoin Payment Integration on Solana

According to the latest breaking news, META is launching stablecoin payments for creators using Stripe and prefers the Solana and Polygon blockchains. This development supports EURAU's Solana migration by strengthening the role of euro stablecoins in social media and content payments. The SOL futures market could also gain momentum from this.

Rise in the Euro Stablecoin Market and Future Predictions

This movement reflects growing interest in non-dollar stablecoins, especially in Europe; euro-pegged tokens have doubled since early 2025, approaching 1 billion dollars, while the total stablecoin market has reached 300 billion dollars. S&P predicts this market will reach 570 billion euros by 2030. Increasing demand for euro stablecoins could trigger widespread adoption in finance and corporate payments through multi-chain expansion. Click to compare with ETH detailed analysis.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

SC

Sarah Chen

COINOTAG author

View all posts

Comments

Comments