AllUnity plans Swedish krona stablecoin, launches agentic payments infrastructure

MarketsMay 20, 2026, 9:54AM EDT
AllUnity plans Swedish krona stablecoin, launches agentic payments infrastructure
Partner offers

Quick Take

  • AllUnity announced plans to launch SEKAU, a 1:1 Swedish krona-backed stablecoin regulated under MiCA.
  • The firm also introduced Agentic Payments, an x402-powered settlement layer enabling European businesses to accept AI-agent transactions.

We'd love your feedback.

Advertisement

AllUnity, a regulated European stablecoin issuer and licensed e-money institute backed by DWS, Flow Traders, and Galaxy, announced its plan to issue what it described as the world’s first fully reserved stablecoin pegged to the Swedish krona.

Dubbed SEKAU, the stablecoin will be backed 1:1 by Swedish krona reserves and issued under the European Union's Markets in Crypto-Assets Regulation as a regulated e-money token, the company said in a statement on Wednesday. Holders will have a statutory right to redeem the token at par value.

According to the statement, SEKAU is designed for 24/7 instant settlement, cross-border payments, and programmable finance applications targeting financial institutions, fintechs, and enterprises. The launch is currently planned for June, pending completion of regulatory engagement and operational readiness.

"Sweden has long been a global leader in the transition toward a cashless economy, but that transition also requires a new form of digital money that is interoperable and globally accessible," AllUnity CEO Alexander Höptner said. "SEKAU is a response to that demand and represents a natural evolution of the Swedish krona for today's digital economy, supporting instant settlement, programmable money, and cross-border payments."

The addition of the krona-pegged token expands AllUnity’s digital asset portfolio alongside Euro-backed (EURAU) and Swiss franc-backed (CHFAU) stablecoins, the company said.

Alongside the stablecoin announcement, AllUnity launched Agentic Payments, a settlement layer designed to allow businesses to accept payments initiated by AI agents across content, data, and digital services. The system is powered by the x402 protocol, with support for additional agentic commerce protocols planned, per the statement.

The company said businesses will be able to accept agentic payments and settle directly to bank accounts in local currency.


Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.