German Firm AllUnity Launches USD-Pegged Stablecoin USDAU

AllUnity, a German-regulated stablecoin issuer, has launched its USD-pegged stablecoin, USDAU. The token is backed by fiat reserves and is available on six networks, including Ethereum, Solana, Base, and Polygon. Banking Circle provides banking services for the reserves, while Flowdesk acts as a liquidity provider. Institutional clients can mint and redeem USDAU directly through AllUnity. This launch expands AllUnity's portfolio, which already includes stablecoins for the Euro, Swiss Franc, and Swedish Krona.