European stablecoin issuer AllUnity launches USD stablecoin USDAU

Latest NewsPublishedSep 30, 2026AllUnity is launching USDAU, its fourth fiat-backed stablecoin, expanding a MiCA-regulated lineup that already covers the euro, Swiss franc and Swedish krona.AllUnity is launching a new stablecoin pegged to the US dollar, expanding its digital asset lineup as dollar-pegged tokens continue to dominate the global stablecoin market.The new token, USDAU, will maintain a 1:1 peg to the US dollar through segregated reserves and debut on Ethereum, Solana, Base, Tempo, Arc and Polygon, AllUnity said in a Wednesday announcement shared with Cointelegraph.AllUnity, regulated under the European Union’s Markets in Crypto-Assets (MiCA), already issues euro-backed EURAU, Swiss franc-backed CHFAU and Swedish krona-backed SEKAU stablecoins. CoinGecko measures EURAU’s market capitalization at roughly $400,000 and CHFAU’s at about $45 million.The launch comes as European policymakers debate the implications of dollar stablecoin dominance. US dollar-pegged tokens account for more than 99% of the roughly $291 billion global stablecoin market by capitalization, according to CoinGecko.The European Central Bank warned in June that greater use in European tokenized finance c...