Svmuu reported that German stablecoin startup AllUnity, a joint venture supported by DWS, Flow Traders, and Galaxy Digital (GLXY), plans to launch a stablecoin backed by the Swedish Krona. It will also introduce new payment infrastructure for transactions executed by artificial intelligence agents.
AllUnity, headquartered in Frankfurt, said on Wednesday that its stablecoin, SEKAU, will be fully backed by reserves of the Swedish Krona and issued under the EU's Markets in Crypto-Assets (MiCA) framework. The stablecoin is slated for listing in June, subject to final regulatory and operational approvals.
Additionally, AllUnity has launched "Agent Payments," a payment system built specifically for AI-driven transactions. This infrastructure allows businesses to accept payments initiated by autonomous software agents and settle the funds directly into local bank accounts.