AllUnity Launches USDAU Stablecoin Under EU's MiCA Framework

AllUnity has launched its US dollar backed stablecoin USDAU across six blockchain networks under the EU's MiCA framework.

USDAU is fully backed by US dollar reserves and can be redeemed 1:1 at par, with issuance handled by AllUnity's BaFin licensed electronic money institution.

The stablecoin is available on Ethereum, Solana, Base, Tempo, Arc, and Polygon at launch, with more blockchain networks expected to be added later this year.

AllUnity has paired the launch with Instant FX, allowing businesses to move between supported currencies using its stablecoin infrastructure.