European stablecoin issuer AllUnity launches US dollar stablecoin USDAU

TechFlow reports that on September 30, European stablecoin issuer AllUnity announced the launch of the USD stablecoin USDAU, which complies with the EU's Markets in Crypto-Assets Regulation (MiCAR) standards. The token maintains a 1:1 peg to the US dollar through segregated reserve assets, and is currently deployed across multiple networks including Ethereum, Solana, Base, Tempo, Arc, and Polygon, with plans to integrate with more blockchains later this year.

Additionally, AllUnity has upgraded its commercial minting accounts, adding stablecoin-supported foreign exchange trading functionality. The company has secured EU regulatory approval and has previously launched stablecoin products pegged to the euro (EURAU), Swiss franc (CHFAU), and Swedish krona (SEKAU).