PANews reported on April 30th, citing CoinDesk , that German joint venture AllUnity announced the listing of its compliant euro stablecoin EURAU on Solana , following Ethereum, to provide faster and lower-cost on-chain euro settlement. EURAU is issued with full reserves under the EU's MiCA electronic money framework and is targeted at payment institutions, enterprises, and developers for cross-border payments, transactions, lending, and fund management. The report points out that with rising demand for non-USD stablecoins, the market capitalization of euro stablecoins has doubled since the beginning of 2025 to nearly $ 1 billion, and S&P predicts the market could reach € 570 billion by 2030. AllUnity stated that its multi-chain deployment and compliance attributes are expected to drive institutions and enterprises to use euro-denominated assets on-chain.