AllUnity, a regulated European stablecoin issuer and licensed e-money institute backed by DWS, Flow Traders, and Galaxy, announced its plan to issue SEKAU, a stablecoin pegged 1:1 to the Swedish krona, on Wednesday. The token will be issued under the European Union's Markets in Crypto-Assets Regulation (MiCA) as a regulated e-money token, with holders retaining a statutory right to redeem at par value. According to CEO Alexander Höptner, "Sweden has long been a global leader in the transition toward a cashless economy, but that transition also requires a new form of digital money that is interoperable and globally accessible. SEKAU is a response to that demand and represents a natural evolution of the Swedish krona for today's digital economy, supporting instant settlement, programmable money, and cross-border payments."
SEKAU Stablecoin Specifications
SEKAU is designed for 24/7 instant settlement, cross-border payments, and programmable finance applications targeting financial institutions, fintechs, and enterprises. The stablecoin will be backed 1:1 by Swedish krona reserves, with full redemption rights guaranteed at par value to all token holders.
Planned Launch and Portfolio Expansion
The launch of SEKAU is currently planned for June, pending completion of regulatory engagement and operational readiness. The krona-pegged token expands AllUnity's digital asset portfolio, which already includes Euro-backed (EURAU) and Swiss franc-backed (CHFAU) stablecoins.
Agentic Payments Infrastructure Launch
Alongside the stablecoin announcement, AllUnity launched Agentic Payments, a settlement layer designed to allow businesses to accept payments initiated by AI agents across content, data, and digital services. The system is powered by the x402 protocol, with support for additional agentic commerce protocols planned. Businesses will be able to accept agentic payments and settle directly to bank accounts in local currency.