TheTLDR
- AllUnity plans to launch a Swedish krona-backed stablecoin called SEKAU pending regulatory approval.
- The company will issue the stablecoin under the European Union MiCA regulatory framework.
- AllUnity said Swedish krona reserves will fully back the token.
- The firm also introduced Agentic Payments for transactions initiated by autonomous software agents.
- The payment system will allow businesses to receive funds directly into local bank accounts.
AllUnity said it plans to launch a Swedish krona-backed stablecoin while expanding into AI-powered payment infrastructure. The Germany-based firm targets a June debut for the token, pending approvals. The company also introduced a system designed for transactions initiated by autonomous software agents.
AllUnity Targets Krona Stablecoin Under EU Rules
AllUnity announced the new stablecoin, called SEKAU, on Wednesday. The company said it will fully back the token with Swedish krona reserves.
The firm will issue SEKAU under the European Union’s Markets in Crypto-Assets framework. It said the rollout depends on final regulatory and operational approvals.
AllUnity operates from Frankfurt and is regulated by BaFin. The company has already launched euro and Swiss franc stablecoins over the past year.
The startup is a joint venture backed by DWS, Flow Traders, and Galaxy Digital. These firms support its expansion into regulated crypto products.
Chief executive Alexander Höptner said Sweden leads the shift toward cashless payments. He added that digital money must remain interoperable and globally accessible.
European firms are working to build local-currency stablecoins across the region. Dollar-backed tokens still account for about 99% of the global stablecoin market.
Earlier on Wednesday, banking consortium Qivalis expanded its euro stablecoin initiative. The group now includes 37 banks across 15 countries.
AI Agentic Payments System Enters Rollout
AllUnity also introduced “Agentic Payments,” a system designed for AI-driven transactions. The infrastructure allows businesses to accept payments from autonomous software agents.
The company said the system settles funds directly into local bank accounts. It targets firms selling digital services, content, and data online.
The platform uses Coinbase’s x402 payment standard. AllUnity said this standard supports automated and programmable payments.
Chief technology officer Peter Grosskopf said Europe needs regulated payment rails for new use cases. He added that the platform enables businesses to operationalize agentic payments at scale.
Grosskopf also said companies can develop new revenue streams through the system. He described AllUnity as a gateway for businesses adopting blockchain-based payments.
The firm did not disclose transaction fees or the networks it supports. It also did not confirm partnerships with specific merchants at launch.
AllUnity said it will provide further updates before the planned June rollout. The company is awaiting final approvals for both the stablecoin and payment system.
