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.
And in that world? Wallet tokens like $BEST, designed to thrive on stable, regulated rails, become the gateway key.
EURAU: Europe’s MiCAR Moment
AllUnity – the fintech venture backed by Galaxy Digital, DWS, and Flow Traders – has officially secured an EMI license from BaFin, paving the way for its fully regulated euro stablecoin, EURAU.
It’s the first of its kind under the EU’s new MiCA regime, and it’s not some theoretical pilot. This thing is built for scale: targeting fintechs, banks, and government treasuries that need fast, compliant euro rails across borders and time zones.
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.
That’s the MiCAR standard, and it’s light-years ahead of anything the U.S. has on the books. While U.S. senators are still pushing paperwork, Europe is turning stablecoins into infrastructure.
Hayes: Stablecoins Could Unlock $6.8T in Treasury Demand
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.
According to Hayes, stablecoins issued by Too Big To Fail (TBTF) banks could unlock $6.8T in dormant deposits and funnel that cash straight into T-bills.
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.
Why Wallet Infrastructure Matters Now
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.
Spotlight on Best Wallet Token: What Makes $BEST a Play in This Landscape
Best Wallet Token ($BEST) is a front-row ticket to the regulated Web3 stack. Built around Best Wallet’s secure Fireblocks MPC architecture, $BEST gives holders more than just storage.
Whether you’re yield farming, swapping, or jumping into presales, Best Wallet makes crypto simple and secure – no private key worries, no hacking vulnerability.
By holding this utility token, you also get access to new meme coins on presale, in-app staking rewards, and a seamless way to actually use stablecoins across dApps.
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.
It’s everything the best crypto wallets promised, finally delivered (and with more features to come soon). As such, Best Wallet is positioning itself as the go-to wallet for the next wave of stablecoin adoption.
Curious where the coin could go next? Check out our full Best Wallet Token price prediction to see why $BEST could hit $0.072 in 2025.
Final Thoughts: Regulated Stablecoins + Smart Wallets = Crypto’s Next Chapter
EURAU signals that Europe is serious about leading the charge on regulated stablecoins. While the U.S. keeps bickering, the EU is building. And if stablecoins really do become the plumbing for modern finance, the wallets that connect users to that system will be just as important.
Best Wallet Token ($BEST) is a forward-looking play on that evolution. It’s not a presale with empty promises. It’s raising millions, giving holders actual utility, and is positioned to secure a large chunk of the crypto wallet market by 2026.
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.
