Germany's AllUnity plans Swedish krona stablecoin, pushes into AI agentic payments
German firm AllUnity is launching a Swedish krona-backed stablecoin and new payment infrastructure designed to support autonomous AI-driven financial transactions.Summary
AllUnity, a German joint venture backed by DWS, Flow Traders, and Galaxy Digital, has announced plans to launch a Swedish krona-pegged stablecoin called SEKAU. Operating under the EU’s MiCA regulatory framework, the asset is expected to debut in June pending final approvals. The initiative aims to support Sweden’s shift toward a cashless economy by providing a locally regulated, interoperable digital currency.
In addition to the stablecoin, AllUnity introduced 'Agentic Payments,' an infrastructure that allows businesses to process transactions initiated by autonomous AI agents directly into bank accounts. Utilizing Coinbase’s x402 standard, this move aligns with broader European efforts to reduce reliance on U.S. dollar-backed stablecoins. AllUnity, regulated by Germany's BaFin, continues to expand its suite of non-dollar stablecoins, which already includes euro and Swiss franc-denominated options.
(Source：CoinDesk)