German stablecoin startup AllUnity launches US dollar stablecoin USDAU.
56 minutes ago
EU MiCA-regulated stablecoin issuer AllUnity has announced the launch of its USD stablecoin USDAU, which maintains a 1:1 peg to the U.S. dollar through segregated reserves. The stablecoin will first be issued on Ethereum, Solana, Base, Tempo, Arc, and Polygon. This is AllUnity’s fourth fiat stablecoin, following the euro-pegged EURAU, Swiss franc-backed CHFAU, and Swedish krona-linked SEKAU. AllUnity CEO Alexander Höptner said USDAU aims to bring U.S. dollar liquidity into the European regulatory framework, providing a USD settlement tool for European enterprises’ global trade and cross-border payments. (Cointelegraph)
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