Bullish's Billion Dollar IPO: This Euro Stablecoin Benefits

INFBusiness
20.08.2025
News

Bullish's IPO a week ago is considered one of the most spectacular IPOs of 2025. The crypto exchange raised a remarkable $1.11 billion. Also included: the euro stablecoin EURAU.
On Wednesday, AllUnity, the issuer of the euro stablecoin, confirmed that EURAU was among the digital assets used to settle the proceeds from the Bullish IPO, according to a press release.
“We are incredibly proud to have partnered with Bullish on this groundbreaking IPO. This event demonstrates the increasing maturity and practical utility of stablecoins as a core component of the global financial system,” explains AllUnity CEO Alexander Höptner.
He adds: “Using EURAU and other stablecoins for a major IPO confirms our vision of a more inclusive and efficient financial future.” He revealed exactly what this crypto future could look like in an interview with BTC-ECHO: “This is how Bitcoin and Co. will change our lives by 2030.”
The share of euro stablecoins like EURAU in the global stablecoin market is still relatively small. Of the $279 billion total market capitalization, less than 1 percent is accounted for by fiat currencies other than the US dollar, according to CoinGecko.
Tether remains the global market leader, positioning itself as one of the most profitable companies in the world with its dollar stablecoin USDT. However, CEO Paolo Ardoino's company had to withdraw from the eurozone after the MiCA implementation.
In contrast, AllUnity aims to provide a “trusted, transparent, and compliant digital payment infrastructure” with EURAU. The long-term goal: “To bridge the gap between traditional and digital finance and open up new opportunities for cross-border payments and global trade.”

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