European licensed e-money institution AllUnity has announced plans to launch a stablecoin pegged to the Swiss Franc, named CHFAU. The initiative is a collaboration with asset management firm DWS, market maker Flow Traders, and digital asset company Galaxy. The stablecoin aims to provide a compliant digital asset under the EU's Markets in Crypto-Assets Regulation (MiCA).
AllUnity to Launch Swiss Franc-Pegged Stablecoin CHFAU
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