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German stablecoin startup AllUnity launches USD stablecoin USDAU BlockBeats reports that September 30, the EU-MiCA regulated stablecoin issuer AllUnity has announced the launch of USD stablecoin USDAU, maintained through segregated reserves at 1: 1 USD its peg, with the first issuance planned on Ethereum、Solana, Base, Tempo, Arc, and Polygon.

This is AllUnity's fourth fiat-backed stablecoin, following its EUR EURAU, Swiss franc CHFAU and Swedish krona SEKAU. AllUnity CEO Alexander Höptner stated that USDAU aims to bring USD liquidity into the European regulatory framework and provide European businesses with a USD settlement tool for global trade and cross-border payments. (Cointelegraph)

Original link https://m.theblockbeats.info/flash/369744