AllUnity Launches Swedish Krona Stablecoin SEKAU
5 Articles
5 Articles
Key points of the news: SEKAU, the new AllUnity stable supported 1:1 by Swedish crowns, was launched under the European Union’s MiCA regulation. The token debuts simultaneously on five blockchain networks: Ethereum, Solana, Base, Tempo and Polygon, oriented to institutional customers. AllUnity adds SEKAU to its portfolio together with EURAU and CHFAU, expanding its strategy of regulated stables in multiple European currencies. The European firm …
Bitcoinist
Cryptocurrency News | Cryptocurrency Prices | Market CapAllUnity Launches SEKAU As MiCA Stablecoin Market Expands Beyond Euro And Dollar
TL;DR AllUnity says it has launched SEKAU, a Swedish krona-backed stablecoin issued under Europe’s MiCA framework. The token is designed as a fully reserved e-money token backed 1:1 by Swedish krona reserves. The launch expands Europe’s regulated stablecoin market beyond the dominant dollar and euro categories. AllUnity has expanded Europe’s regulated stablecoin market with SEKAU, a Swedish krona-backed token designed for institutional settleme…
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