AllUnity Enters US Dollar Stablecoin Market with MiCA-Regulated USDAU

AllUnity is expanding its lineup of stablecoins with the launch of USDAU, a U.S. dollar-backed token regulated under the European Union's Markets in Crypto-Assets (MiCA) framework.

The new stablecoin will maintain a 1:1 peg to the U.S. dollar through segregated reserves and be available on multiple blockchains, including Ethereum, Solana, Base, Tempo, Arc, and Polygon.

This is AllUnity's fourth fiat-backed stablecoin, following EURAU (backed by the euro), CHFAU (backed by the Swiss franc), and SEKAU (backed by the Swedish krona).

The dollar-linked tokens dominate the global stablecoin market, making up over 99% of the approximately $291 billion market capitalization.