Svmuu News: Digital asset company AllUnity has launched SEKAU, a Swedish krona-backed stablecoin. The token is issued in accordance with the EU’s Market in Crypto-Assets Regulation (MiCA) and operates as an electronic money token under MiCA. SEKAU is backed by a segregated Swedish krona reserve and is designed for institutional settlements and cross-border payments. BankingCirclewill hold and manage the reserve backing the token; Marginalen Bank of Sweden is supporting the launch as a banking partner; and Trust Anchor Group is providing infrastructure integration. SEKAU’s initial launch covers five blockchain networks:Ethereum, Solana, Base, Tempo, and Polygon. AllUnity stated that it plans to expand SEKAU to additional blockchain networks in late 2026. (Cointelegraph)