AllUnity Launches Swedish Krona Stablecoin SEKAU

Odaily Planet Daily News: Digital asset company AllUnity has launched a Swedish Krona-backed stablecoin, SEKAU. The token is issued in accordance with the EU's *Markets in Crypto-Assets Regulation* (MiCA) and operates as an e-money token under MiCA. SEKAU is backed by segregated Swedish Krona reserves and is designed for institutional settlements and cross-border payments. Banking Circle will hold and manage the reserves supporting the token, with Sweden's Marginalen Bank serving as the banking partner for the launch, and Trust Anchor Group providing infrastructure integration. SEKAU will initially be available on five blockchain networks: Ethereum, Solana, Base, Tempo, and Polygon. AllUnity stated that it plans to expand SEKAU to more blockchain networks by late 2026. (Cointelegraph)