AllUnity Launches MiCA-regulated Swedish Krona Stablecoin Called SEKAU

Key Takeaways:

• SEKAU is a fully reserved Swedish krona stablecoin issued under EU MiCA regulation as an e-money token.
• It targets institutional settlement and cross-border payments across multiple blockchain networks.
• Banking Circle holds reserves while the token expands AllUnity’s multi-currency stablecoin ecosystem.

AllUnity has launched SEKAU, a fully reserved Swedish krona-backed stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The token operates as an e-money token designed for institutional settlement and cross-border payments, extending the firm’s multi-currency stablecoin strategy.

Partners & Reserve Structure

The stablecoin is backed by segregated SEK reserves held and managed by Banking Circle, a Luxembourg-based regulated financial infrastructure provider. Swedish Marginalen Bank supports the rollout, while Trust Anchor Group provides integration infrastructure for ecosystem access across digital asset platforms.

Multi-chain Rollout & Strategy

SEKAU launches across Ethereum, Solana, Base, Tempo, and Polygon, aiming to improve interoperability and liquidity across major blockchain ecosystems. AllUnity plans further network expansions in 2026. The launch follows its Swiss franc stablecoin CHFAU and euro token EURAU, which have reached a $1.4 million market cap in a combined $883 million euro stablecoin market.

AllUnity said SEKAU is the first fully reserved Swedish krona stablecoin aligned with MiCA, distinguishing it from experimental pilots like Sweden’s e-krona initiative, which remains a central bank CBDC project.