Image source: Ledger Insights
The first Swiss franc (CHF) stablecoin, one of the world’s most stable currencies, fully compliant with the MiCA regulation, was launched. The issuer is AllUnity. The asset is exclusively targeted at corporate and institutional users.
AllUnity announced the issuance of the CHFAU stablecoin. The new digital asset is structured as an e-money token and is backed by Swiss franc reserves held in segregated accounts.
CHFAU is issued directly by AllUnity, which is licensed by the German Federal Financial Supervisory Authority (BaFin) as an Electronic Money Institution (EMI). The company was established as a joint venture between DWS, Flow Traders, and Galaxy.
CHFAU is the first Swiss franc-pegged stablecoin fully aligned with MiCA requirements. The token is backed by reserves on a 1:1 basis with the issued supply and includes regulatory-compliant reporting disclosures. According to the company, the product launch, from concept to market, took three months.
The stablecoin is designed for settlements, cross-border transfers, clearing, and treasury operations, enabling 24/7 transactions without weekends and reducing operational costs for international transfers.
At the initial stage, CHFAU is issued as an ERC-20 token on the Ethereum blockchain, ensuring compatibility with most wallets and infrastructure solutions within the Ethereum ecosystem. In 2026, the company plans to expand support to additional blockchains.
Access to CHFAU is granted to fully onboarded corporate clients via the AllUnity Mint platform. The company emphasizes that the product is intended exclusively for legal entities and business clients and isn’t offered to retail investors.
The launch of CHFAU expands AllUnity’s portfolio of digital currencies, which already includes the euro-pegged stablecoin EURAU, issued in 2025. The company is thus building a multi-currency digital money infrastructure focused on instant and secure cross-border settlements. Notably, EURAU is already used within the market infrastructure of Deutsche Börse Group.
