AllUnity launched a stablecoin pegged to the Swedish krona

The European regulated stablecoin issuer AllUnity has launched an asset pegged to the Swedish krona. The "stablecoin" is fully backed by reserves in the national currency and issued in compliance with MiCA rules.

SEKAU is available on the Ethereum, Solana, Base, Tempo and Polygon networks. The fiat reserves will be held by Banking Circle, with Marginalen Bank acting as the banking partner.

Source: ForkLog