Bank-backed AllUnity launches MiCA-compliant US dollar stablecoin USDAU

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AllUnity, a bank-backed payments infrastructure provider, has launched USDAU, a fully reserved US dollar stablecoin with segregated reserves and 1:1 redeemability. The token is issued under the EU’s MiCA regulatory framework and is available on Ethereum, Solana, Base, Tempo, Arc and Polygon. AllUnity was founded by DWS, Deutsche Bank’s asset management arm, Flow Traders and Galaxy Digital, with support from market infrastructure partners including Deutsche Börse Group. The company, regulated by BaFin as an e-money institution, also offers an Instant FX feature allowing businesses to mint stablecoins and transfer value between currencies on the same platform. USDAU expands AllUnity’s existing offerings, which already include euro, Swiss franc and Swedish krona-backed stablecoins.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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