Europe’s Swedish krona stablecoin arrives with a warning: dollar liquidity may already be too far ahead
AllUnity launched SEKAU on June 19, giving Europe a Swedish krona stablecoin under MiCA while dollar tokens still define most on-chain payments. The SEKAU stablecoin is live on Ethereum, Solana, Base, Tempo, and Polygon. The launch raises the question of usage. SEKAU can be compliant, fully reserved, and multi-chain, while still needing banks, market makers,…
