AllUnity, a stablecoin platform backed by Deutsche Bank, has launched CHFAU, a new Swiss franc-pegged stablecoin. The token is pegged 1:1 to the Swiss franc (CHF) and is initially available to institutional and professional investors via the AllUnity Mint Platform. CHFAU debuted on the Ethereum blockchain as an ERC-20 token, with plans to expand to additional networks later in 2026.
The launch represents a significant expansion of AllUnity's regulated digital currency offerings in Europe. The company, founded in early 2024 as a joint venture between Deutsche Bank's asset management arm DWS, market maker Flow Traders, and crypto firm Galaxy Digital, aims to build a compliant digital payments ecosystem.
A key feature of CHFAU is its full alignment with the European Union's Markets in Crypto-Assets Regulation (MiCA). This compliance was enabled after AllUnity secured an E-Money Institution (EMI) license from Germany's Federal Financial Supervisory Authority (BaFin) in July 2025.
"The launch of CHFAU is a fundamental milestone in our mission to build Europe's regulated digital payments ecosystem," said AllUnity CEO Alexander Höptner. He elaborated that the stablecoin's primary purpose is "to serve as a trusted, regulated digital Swiss franc for institutional settlement," enabling secure, real-time value transfer for cross-border payments, digital asset markets, and treasury management within a fully compliant framework.
While the token is technically live, broader availability across exchanges and trading venues will be rolled out progressively. "We are currently finalizing exchange and trading venue integrations and will communicate specific listings as they go live," a company spokesperson stated.
This launch follows AllUnity's introduction of its euro-pegged stablecoin, EURAU, in July 2025. Since its debut, EURAU has grown to a market capitalization of $1.2 million, ranking 16th among 22 euro-pegged stablecoins tracked by CoinGecko. It is listed on platforms including Bullish, Aerodrome, Bitpanda, Rulematch, and WAWEX.
AllUnity claims CHFAU is the first MiCA-compliant Swiss franc stablecoin. However, it enters a niche market with existing competitors. According to DefiLlama, there are at least three other CHF-denominated stablecoins—Frankencoin (ZCHF), VNX Swiss Franc (VCHF), and Hedera Swiss Franc (HCHF)—with a combined market cap of approximately $38.6 million.
