SEKAU Stablecoin Launches Under EU Regulation

AllUnity has launched SEKAU, a fully reserved Swedish krona stablecoin issued under the European Union's Markets in Crypto-Assets Regulation (MiCA). The new token operates as an e-money token under MiCA and is backed by segregated Swedish krona reserves. This targets institutional settlement and cross-border payments.

The launch follows AllUnity’s Swiss franc stablecoin rollout, extending its multi-currency stablecoin strategy under the EU's MiCA framework. Banking Circle will hold and manage the reserves backing SEKAU, while Marginalen Bank supports the rollout as a banking partner.

SEKAU debuts across five blockchain networks: Ethereum, Solana, Base, Tempo, and Polygon. AllUnity said this multi-chain rollout is designed to improve access, interoperability, and liquidity across major blockchain ecosystems. The company plans to expand SEKAU to additional blockchain networks later in 2026.