According to Cointelegraph, digital asset company AllUnity launched SEKAU, a Swedish krona-backed stablecoin, today (June 19). The token is issued under the European Union's Markets in Crypto-Assets Regulation (MiCA) and operates as an e-money token. SEKAU is supported by segregated Swedish krona reserves held and managed by Banking Circle, with Marginalen Bank serving as banking partner and Trust Anchor Group providing infrastructure integration.
SEKAU is now available on Ethereum, Solana, Base, Tempo, and Polygon. AllUnity plans to expand the stablecoin to additional blockchain networks later in 2026.