
AllUnity launched SEKAU, a Swedish krona-backed stablecoin regulated under the EU's MiCA framework. The token is backed by segregated reserves held by Banking Circle, with Marginalen Bank as a banking partner. SEKAU debuts on five blockchains including Ethereum and Solana, targeting institutional settlement and cross-border payments.
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Summary by ByteBrief
Custodia and Vantage propose deposit-stablecoin token