AllUnity launches USDAU, a MiCA regulated dollar stablecoin on six chains
Image: CointelegraphAllUnity has launched USDAU, a US dollar backed stablecoin. It keeps a 1:1 peg through segregated reserves. The token debuts on Ethereum, Solana, Base, Tempo, Arc and Polygon. AllUnity is regulated under the EU's MiCA framework and already issues EURAU, CHFAU and SEKAU. Banking Circle will support reserves and transaction banking, and Flowdesk will provide liquidity. Eligible institutional clients can mint or redeem USDAU at par through AllUnity's Business Mint Account.
Key points
- USDAU keeps a 1:1 peg to the US dollar through segregated reserves
- The token debuts across six networks, including Ethereum, Solana, Base and Polygon
- AllUnity already issues euro, Swiss franc and Swedish krona backed stablecoins under MiCA
- Banking Circle will support USDAU reserves and transaction banking
Why it matters
USDAU adds a dollar token to a MiCA regulated issuer that so far covered European currencies. Dollar pegged tokens dominate the global stablecoin market, a dependence European policymakers have debated.
What's unclear
AllUnity did not respond to questions about Europe's reliance on dollar denominated stablecoins
Price context · ETH
At publication
$2,670.49
Now
$2,667.92
Change since
−0.10%
7 days · dashed line = publication
Sources · 2 publishers
Crypto.news
Tier 2
What is USDAU? AllUnity launches MiCA compliant dollar stablecoin
Coverage timeline
- First reported by Cointelegraph
- Confirmed by Crypto.news
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
