AllUnity Launches SEKAU, MiCA-Compliant Swedish Krona Stablecoin

According to AllUnity, the company has launched SEKAU, a Swedish krona-backed stablecoin fully reserved 1:1 and compliant under Europe's MiCA framework. AllUnity, backed by DWS, Flow Traders, and Galaxy, designed SEKAU as a regulated e-money token with redemption rights at par for holders.

The launch expands Europe's regulated stablecoin market beyond dollar and euro denominations, extending AllUnity's multi-currency strategy that previously included euro and Swiss franc products.

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