AllUnity plans Swedish krona stablecoin, launches agentic payments infrastructure
AllUnity, a regulated European stablecoin issuer and licensed e-money institute backed by DWS, Flow Traders, and Galaxy, announced its plan to issue what it described as the world’s first fully reserved stablecoin pegged to the Swedish krona.
Dubbed SEKAU, the stablecoin will be backed 1:1 by Swedish krona reserves and issued under the European Union's Markets in Crypto-Assets Regulation as a regulated e-money token, the company said in a statement on Wednesday. Holders will have a statutory right to redeem the token at par value.
According to the statement, SEKAU is designed for 24/7 instant settlement, cross-border payments, and programmable finance applications targeting financial institutions, fintechs, and enterprises. The launch is currently planned for June, pending completion of regulatory engagement and operational readiness.
"Sweden has long been a global leader in the transition toward a cashless economy, but that transition also requires a new form of digital money that is interoperable and globally accessible," AllUnity CEO Alexander Höptner said. "SEKAU is a response to that demand and represents a natural evolution of the Swedish krona for today's digital economy, supporting instant settlement, programmable money, and cross-border payments."
The addition of the krona-pegged token expands AllUnity’s digital asset portfolio alongside Euro-backed (EURAU) and Swiss franc-backed (CHFAU) stablecoins, the company said.
Alongside the stablecoin announcement, AllUnity launched Agentic Payments, a settlement layer designed to allow businesses to accept payments initiated by AI agents across content, data, and digital services. The system is powered by the x402 protocol, with support for additional agentic commerce protocols planned, per the statement.
The company said businesses will be able to accept agentic payments and settle directly to bank accounts in local currency.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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