Frankfurt-based regulated stablecoin issuer AllUnity announced on Sept. 30 the launch of USDAU, a US dollar-backed stablecoin issued under the European Union’s Markets in Crypto Assets Regulation. The token is fully backed by US dollar reserves and can be minted or redeemed 1:1 at par by eligible institutional clients through AllUnity’s Business Mint Account.
USDAU is available at launch on Ethereum, Solana, Base, Tempo, Arc and Polygon, with more blockchain networks expected later this year. It expands AllUnity’s existing multi-currency lineup, which already includes euro-backed EURAU, Swiss franc-backed CHFAU and Swedish krona-backed SEKAU. CEO Alexander Höptner described the launch as a major expansion into a globally significant trade and settlement currency and a foundation for a truly multi-currency digital money network.
Alongside the stablecoin, AllUnity introduced Instant FX within its Business Mint Account, allowing institutional users to convert between supported fiat currencies using stablecoin rails without separate payment infrastructure. CFO Simon Seiter said the company is applying the 24/7 near-instant settlement model used by stablecoins to foreign exchange.
Several financial and digital asset firms are supporting the launch. Banking Circle will provide reserve and transaction banking services, while Flowdesk acts as the designated liquidity provider. Archax will support direct minting and redemption, and Hercle will handle off-ramp and FX services. Other launch partners include Bitcoin Suisse, RULEMATCH, BitGo and Galaxy.
