Crypto
AllUnity launches dollar-pegged USDAU stablecoin
European stablecoin issuer AllUnity has launched USDAU, a stablecoin pegged to the U.S. dollar. The launch expands its lineup of fiat-backed stablecoins regulated under the EU\'s Markets in Crypto-Assets (MiCA) rules to four. USDAU is designed to maintain a 1-to-1 value with the dollar and will initially support networks including Ethereum and Solana. Its CEO said Europe’s concern is oversight and enforceable redemption rights, not the dollar itself.
