AllUnity and Zebec have started paying European workers in a regulated euro stablecoin. On June 25, 2026, the two firms launched a pilot that streams employee benefits and payroll in $EURAU, AllUnity’s euro-backed token, across the Stellar network. Staff in the program are paid directly into a digital wallet.
The pitch is simple. Most stablecoin activity still revolves around trading. This is one of the clearer attempts to use a compliant euro token for something ordinary: getting people paid.
What the pilot does
The core feature is streaming payroll. Instead of waiting for a monthly run to clear, employees and contractors earn by the second, with funds settling on Stellar in seconds rather than days. EURAU does the settling. It is fully reserved and redeemable one-to-one for euros. That backing falls under the EU’s Markets in Crypto-Assets rules, or MiCAR.
The pilot targets large European enterprise clients and partners. Workers can hold their earnings in a wallet, move them, or spend them through Zebec’s card products, which support Apple Pay and Google Pay. The goal is to skip the delays and cross-border fees that come with traditional bank transfers.
“Regulated stablecoins are increasingly moving from financial infrastructure to real world business applications,” said Simon Babakhani (@simonb_ldn), CEO of Zebec Network.
Alexander Höptner (@AlexHoeptner), CEO of AllUnity, framed it as a turn toward utility. “Employee benefits and payments are natural use cases for regulated digital currencies,” he said.
Who are the three parties?
- AllUnity (@AllUnityStable) is a regulated e-money institute based in Frankfurt and a joint venture of DWS, Flow Traders and Galaxy. It issues fully backed, MiCAR-compliant stablecoins, including EURAU for the euro, CHFAU for the Swiss franc and SEKAU for the Swedish krona.
- Zebec Network (@Zebec_HQ) is a real-time payroll and payments company founded in 2021 and backed by Circle, Coinbase, Solana Ventures and Breyer Capital. It started on Solana and has grown into a multichain platform covering payroll, cards and treasury tools.
- Stellar (@StellarOrg) is a payments-focused public blockchain run with support from the Stellar Development Foundation. It settles in seconds, usually charges well under one cent per transaction and connects to local cash networks.
How the pieces came together
This pilot did not appear from nowhere. It is the meeting point of three separate tracks.
On March 19, 2026, the Stellar Development Foundation selected Zebec as its global stablecoin payroll provider, Zebec’s first native deployment outside Solana. That work went live as enterprise payroll on Stellar on June 15, initially settling in $USDC. On April 13, AllUnity brought EURAU to Stellar for regulated euro settlement. The two companies had also agreed earlier that Zebec would serve as a preferred partner for EURAU-powered payroll.
The June 25 pilot ties those threads together: AllUnity’s euro coin, Stellar’s rails and Zebec’s streaming engine, aimed at European payrolls.
Why it matters
The collaboration leans on a specific bet. European firms want the speed of on-chain payments but cannot touch a token without clear regulatory standing. EURAU’s MiCAR licensing is meant to remove that hesitation, while Stellar supplies cheap, fast settlement and Zebec handles the payroll mechanics.
It also builds on Stellar’s recent momentum. The network has been pulling in regulated euro issuance and institutional flows through 2026, and a working payroll use case gives that activity somewhere concrete to go.
Sources:
- AllUnity and Zebec joint announcement June 25, 2026 press release on the EURAU pilot for employee benefits and enterprise payments on Stellar.
- EURAU launches on Stellar AllUnity’s April 13, 2026 announcement bringing its regulated euro stablecoin to the Stellar network.
- Zebec brings streaming payroll to Stellar Zebec’s account of being selected by the Stellar Development Foundation as payroll provider.
- AllUnity and Zebec payroll partnership Earlier deal naming Zebec a preferred partner for EURAU real-time payroll.
- Stellar Q1 2026 network update Context on EURAU’s mainnet launch and growth in EU stablecoin volume.
