AllUnity debuts SEKAU, a fully reserved Swedish krona stablecoin
AllUnity is launching SEKAU, a Swedish krona-backed stablecoin issued as an e-money token under the EU’s MiCA framework. It is fully reserved with segregated SEK reserves and aimed at institutional settlement and cross-border payments. The rollout extends AllUnity’s multi-currency strategy after its Swiss franc stablecoin and euro-backed EURAU. SEKAU debuts on Ethereum, Solana, Base, Tempo, and Polygon, with more networks planned in 2026. Banking Circle will hold and manage reserves, Marginalen Bank is supporting the launch, and Trust Anchor Group provides infrastructure integration. AllUnity says SEKAU is the first fully reserved, MiCA-aligned Swedish krona stablecoin, filling a gap in SEK-denominated digital money. It distinguishes SEKAU from experimental bank or central bank projects such as Sweden’s e-krona, which are not publicly redeemable stablecoins.
