European stablecoin issuer AllUnity launched USDAU, a stablecoin pegged to the U.S. dollar, and added direct conversion between supported currencies to its corporate platform.
AllUnity, an electronic money institution (EMI) licensed by Germany’s Federal Financial Supervisory Authority (BaFin), announced the launch of AllUnity USD (USDAU), a stablecoin fully backed by U.S. dollar reserves and compliant with the Markets in Crypto-Assets Regulation (MiCA).
USDAU is structured as an electronic money token (EMT) and backed by segregated U.S. dollar reserves. The token is issued at a 1:1 ratio to the dollar and can be redeemed at par value. USDAU is available through AllUnity’s Business Mint Account corporate platform, as well as through supported exchanges and partner infrastructure. Fully onboarded institutional clients can mint and redeem USDAU without fees from AllUnity.
USDAU is available on 6 blockchain networks:
AllUnity plans to expand the list of supported networks by the end of 2026. The stablecoin is primarily designed for corporate and institutional U.S. dollar liquidity operations, including 24/7 transfers and settlement, as well as asset storage.
Several banking, crypto, and institutional partners support the USDAU infrastructure:
- Banking Circle provides banking services for the reserves and transactions related to the token’s fiat backing.
- Flowdesk serves as the liquidity provider and will support secondary-market operations.
- Archax serves as a direct minting and redemption partner for institutional clients, including settlement and treasury management operations.
- Hercle provides fiat off-ramp and FX services.
The USDAU ecosystem at launch also includes Bitcoin Suisse, RULEMATCH, BitGo, and Galaxy.
Alongside the launch of the new asset, AllUnity announced expanded functionality for its Business Mint Account corporate platform, giving institutional clients the ability to conduct FX transactions using stablecoins. The new Instant FX feature allows companies to convert supported currencies using AllUnity stablecoins within a single account. Clients can deposit funds in one currency, convert them into another, and withdraw funds without connecting separate infrastructure for each currency corridor.
AllUnity’s multicurrency infrastructure also includes 3 other stablecoins: EURAU, CHFAU, and SEKAU, denominated in euros, Swiss francs, and Swedish kronor, respectively.
