German Stablecoin Startup AllUnity Announces Plan to Launch SEK Pegged Stablecoin SEKAU
German stablecoin startup AllUnity has announced plans to launch the SEK pegged stablecoin SEKAU and deploy the Agentic Payments payment infrastructure, designed specifically for AI agent transactions.
AllUnity was jointly funded by Deutsche Asset Management DWS, Flow Traders, and Galaxy Digital. SEKAU will be fully backed by a reserve of Swedish Krona under the MiCA framework, expected to launch officially in June, and has received regulatory approval from Germany's BaFin.
The company previously launched the Euro EURAU and Swiss Franc stablecoins. Agentic Payments uses the Coinbase x402 standard, allowing businesses to directly receive AI agent payments and settle to local bank accounts.
Source: Public Information
ABAB AI Insight
AllUnity, established at the end of 2023 by DWS, Flow Traders, and Galaxy, has since obtained a BaFin EMI license and launched the EURAU Euro stablecoin in July 2025. The SEKAU continues the multi-currency expansion path and has built a compliant infrastructure through GK8 custody technology and a multi-bank reserve model.
In terms of capital, DWS provides asset management structure, Flow Traders injects liquidity expertise, and Galaxy contributes blockchain technology. The three parties concentrate resources on local fiat stablecoins and AI payment tracks in Europe, motivated by the opportunity to capture the AI agent economy explosion window and build a cross-border settlement network independent of the US dollar, reducing banking costs for European businesses.
Similar to Circle's USDC dominating 99% of the dollar stablecoin market, and the recent expansion of the Euro stablecoin by the European Banking Alliance Qivalis to 37 banks, the current European stablecoin industry is transitioning from dollar dependency to local currency + AI-native payments. Early compliant players are seizing the high ground of agent economy infrastructure.
Essentially, this is a reconstruction of the industrial chain: Agentic Payments shifts pricing power from traditional banking intermediary networks to regulated blockchain payment tracks. The mechanism is that AI agents require programmable, low-friction, 24/7 settlement capabilities, while fully reserved local stablecoins under the MiCA framework provide a layer of compliance trust, accelerating the flow of funds from human-led to autonomous software agents.
ABAB News · Cognitive Law
When the dollar monopolizes stablecoins, local currency + AI payments become Europe's antitrust leverage. Agent transactions first require payment tracks; whoever builds it first will harvest autonomous economic traffic. Compliance is not a cost but a ticket to the infrastructure of the AI agent era.