AllUnity to launch SEKAU, SEK-backed stablecoin, and Agentic Payments

AllUnity, a licensed European e-money institute backed by investors including DWS, Flow Traders and Galaxy, announced plans to issue SEKAU, a fully reserved stablecoin pegged 1:1 to the Swedish krona. The company also introduced Agentic Payments, a settlement layer intended to handle payments initiated by AI agents.

SEKAU will be issued as a regulated e-money token under the European Union’s Markets in Crypto-Assets Regulation. AllUnity plans for the token to be redeemable at face value and backed by equivalent Swedish krona held in reserve. The company targets a June launch, subject to completion of regulatory engagement and operational readiness.

AllUnity positioned SEKAU for use in 24/7 instant settlement, cross-border payments and programmable finance. The issuer named financial institutions, fintech firms and enterprise customers as the primary users. SEKAU joins AllUnity’s existing euro- and Swiss franc-pegged tokens.

Issuance as an e-money token under the EU framework gives holders a statutory right to redeem the token for underlying fiat, and subjects the issuer to licensing and custody requirements set by regulators. The company said those legal rights and operational rules aim to provide clear protections for token holders.

Agentic Payments is designed to let businesses accept payments originating from automated AI agents for content, data and digital services. The settlement layer is built on the x402 protocol, with plans to add support for other agentic commerce protocols over time.

AllUnity described Agentic Payments as a bridge between AI-driven transactions and conventional banking rails, enabling businesses to receive settlement directly to local-currency bank accounts. The firm said the system will support direct settlement flows from agent-initiated activity to traditional payout systems.

Alexander Höptner, AllUnity’s chief executive, described SEKAU as “a natural evolution of the Swedish krona for today's digital economy,” and said the token is intended to support instant settlement, programmable money and cross-border payments.

The company emphasized that SEKAU will be fully reserved, meaning reserves in Swedish krona will back tokens on a one-to-one basis rather than relying on algorithms or illiquid assets to maintain the peg. AllUnity noted the e-money token status brings specific operational and custody obligations under the EU framework.

The launch timeline remains conditional on regulatory clearance and internal operational checks. AllUnity reported it will continue regulatory engagement ahead of the planned June introduction.

Stablecoins are digital tokens designed to hold a stable value against a fiat currency. SEKAU would be among a small group of regulated, fiat-backed stablecoins issued by licensed entities in Europe if it launches as planned.