European issuer AllUnity launches USD-pegged stablecoin USDAU
European stablecoin issuer AllUnity has launched USDAU, a USD-pegged stablecoin compliant with the EU's Markets in Crypto-Assets Regulation (MiCAR). The token is backed by segregated reserves and is currently deployed on Ethereum, Solana, Base, Tempo, Arc, and Polygon, with plans for further expansion. AllUnity has also upgraded its commercial minting accounts to include foreign exchange features.
Summaries are written by AI from the original article. Not investment advice.