AllUnity has introduced SEKAU, the first Swedish krona stablecoin fully compliant with the EU’s Markets in Crypto-Assets Regulation (MiCA). The e-money token is backed 1:1 by fiat reserves held with Banking Circle, offering on-chain Swedish krona exposure for digital payments, settlements, and treasury operations.
SEKAU debuts across five blockchain networks: Ethereum, Solana, Base, Tempo, and Polygon, with plans to expand to additional chains later in 2026. Institutional clients can mint and redeem the token through AllUnity’s Business Mint Account, with broader access planned via centralized and decentralized trading venues.
Banking Circle acts as the designated reserve and transaction bank, while Marginalen Bank provides further banking support and Trust Anchor Group supplies digital asset infrastructure. The launch extends AllUnity’s regulated European stablecoin portfolio, which already includes the euro-backed EURAU and Swiss franc-backed CHFAU.
With MiCA providing a clear legal framework, SEKAU gives payment firms, fintechs, and crypto platforms a transparent, redeemable krona token for instant transfers, cross-border payments, and programmable money applications, strengthening the use of local-currency stablecoins in the European market.
