German company AllUnity plans to launch a Swedish Krona stablecoin and introduce AI agent payments

Odaily Planet Daily News German stablecoin startup AllUnity, a joint venture backed by DWS, Flow Traders, and Galaxy Digital (GLXY), plans to launch a stablecoin backed by the Swedish Krona. It will also introduce a new payment infrastructure for transactions executed by artificial intelligence agents.

AllUnity, headquartered in Frankfurt, said on Wednesday that its stablecoin SEKAU will be fully backed by reserves of Swedish Krona and issued under the European Union's Markets in Crypto-Assets (MiCA) framework. The stablecoin is scheduled to go live in June, pending final regulatory and operational approvals.

Additionally, AllUnity has launched "Agent Payments," a payment system built specifically for AI-driven transactions. This infrastructure allows businesses to accept payments initiated by autonomous software agents and settle funds directly into local bank accounts.