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…