Allunity Launches SEKAU, First MiCA-Compliant Swedish Krona Stablecoin, on 5 Chains in 2026

According to Bitcoin.com, Allunity launched SEKAU, a Swedish krona-backed stablecoin regulated as an e-money token under the EU's Markets in Crypto-Assets (MiCA) Regulation. The token is backed 1:1 by segregated SEK reserves, making it the first fully reserved SEK-denominated stablecoin aligned with MiCA requirements.

Banking Circle, a Luxembourg-based B2B bank, will hold and manage the reserves, while Swedish lender Marginalen Bank supports the rollout. SEKAU will deploy across Ethereum, Solana, Base, Tempo, and Polygon, with additional network expansion planned later in 2026. The token targets institutional settlement and cross-border payments.