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- European stablecoin issuer AllUnity has launched its U.S. dollar-backed token, USDAU, under the European Union’s MiCA framework across six blockchain networks.
- Banking Circle provides reserve and transaction banking for USDAU, while Flowdesk supports liquidity and Archax offers direct institutional minting and redemption access.
- AllUnity plans to add more blockchain networks later this year to expand distribution and liquidity for the newly launched stablecoin.
European stablecoin issuer AllUnity has launched USDAU, a U.S. dollar-backed token issued under the European Union’s MiCA framework and available across six blockchain networks from day one.
USDAU is AllUnity’s fourth fiat-backed stablecoin, adding the dollar to a lineup that already includes euro-backed EURAU, Swiss franc-backed CHFAU and Swedish krona-backed SEKAU.
USDAU Goes Live On Ethereum, Solana, and Four Other Networks
USDAU is available on Ethereum, Solana, Base, Tempo, Arc, and Polygon. AllUnity plans to add more networks later this year as it expands distribution.
The token is pegged one-to-one to the U.S. dollar and backed by segregated dollar reserves. Eligible institutional customers can mint and redeem USDAU at par through AllUnity’s Business Mint Account after completing onboarding requirements.
The Frankfurt-based company is targeting businesses and institutions using stablecoins for payments, settlement, and treasury operations.
Banking Circle and Flowdesk Support USDAU Rollout
Banking Circle is providing reserve and transaction banking for USDAU, while Flowdesk is supporting liquidity.
Archax will provide direct minting and redemption access for institutional customers using the token for treasury and settlement. Other companies supporting the rollout include Hercle, Bitcoin Suisse, RULEMATCH, BitGo and Galaxy.
AllUnity operates as a joint venture between DWS, Flow Traders and Galaxy and holds an electronic money institution license from Germany’s BaFin.
Instant FX Connects AllUnity’s Four Fiat-Backed Stablecoins
AllUnity has also added Instant FX to its Business Mint Account, allowing institutional customers to convert between supported currencies within the same platform.
The feature connects USDAU with EURAU, CHFAU and SEKAU, giving businesses a way to mint, convert and redeem supported stablecoins without managing separate infrastructure for each currency.
USDAU gives AllUnity its first U.S. dollar token while keeping issuance inside the company’s existing MiCA-regulated structure. AllUnity says it plans to add more blockchain networks later this year as it builds distribution and liquidity for the new stablecoin.
