Highlights: AllUnity has launched CHFAU as a Swiss franc stablecoin for institutional settlement under MiCA rules. CHFAU operates with a one-to-one Highlights: AllUnity has launched CHFAU as a Swiss franc stablecoin for institutional settlement under MiCA rules. CHFAU operates with a one-to-one

AllUnity Launches CHFAU Swiss Franc Stablecoin Under MiCA Framework

2026/02/26 19:36
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Highlights:

  • AllUnity has launched CHFAU as a Swiss franc stablecoin for institutional settlement under MiCA rules.
  • CHFAU operates with a one-to-one Swiss franc peg under BaFin EMI supervision.
  • AllUnity issues CHFAU on Ethereum and limits access to institutional investors.

AllUnity, a Deutsche Bank-backed stablecoin platform, has launched CHFAU, a Swiss franc-denominated digital token for institutional settlement in Europe. The company pegs CHFAU one-to-one to the Swiss franc. It limits access to institutional and professional investors at launch. Clients can mint and redeem the token through the AllUnity Mint Platform.

The company confirmed that CHFAU is technically live. However, it will introduce exchange and trading venue integrations in stages. It plans to announce listings once integrations go live. The rollout will proceed gradually. AllUnity created CHFAU to facilitate cross-border payments within a regulatory framework. Institutions can use the token to make digital asset transactions. It can be deployed by treasury teams in liquidity management. The platform handles real-time transfers onchain.

CHFAU is an ERC-20 token issued on Ethereum by the company. It chose Ethereum because of compatibility with existing infrastructure. The company intends to roll out the token to other blockchain networks this year.

AllUnity Launches CHFAU Following BaFin Approval and MiCA Alignment

AllUnity created CHFAU after obtaining regulatory permission under the Markets in Crypto-Assets framework of the European Union. The firm was granted a license as an E-Money Institution by the Federal Financial Supervisory Authority of Germany in July last year. The license permits AllUnity to provide regulated electronic money tokens within the European Union.

AllUnity was established as a DWS, Flow Traders, and Galaxy Digital joint venture. DWS is the asset management division of Deutsche Bank. The platform was established as a partnership to issue regulated stablecoins in Europe. Its structure is an integration of traditional asset management and digital asset trading experience.

Chief Executive Officer Alexander Höptner said the launch supports the company’s regulated digital payments strategy. He stated that the firm intends to build a compliant digital settlement framework in Europe. The company has aligned issuance, reserves, and compliance processes with MiCA requirements.

In a related development, Paxos has also launched its USDG stablecoin in the European Union. Paxos issues USDG through Paxos Issuance Europe in Finland. The Finnish Financial Supervisory Authority supervises the stablecoin under MiCA.

EURAU Growth and the Competitive CHF Stablecoin Landscape

AllUnity launched its own euro-pegged stablecoin, EURAU, last year. EURAU has gained a market capitalization of approximately $1.16 million since its launch. It is ranked 16th among 22 euro-pegged stablecoins, according to market data. The wider market of euro stablecoins is worth around $895 million in aggregate.

EURAU Price Chart: CoinMarketCap

Several stablecoins already exist within the CHF market. Frankencoin, ZCHF, VNX, and Hedera Swiss Franc are present in the segment. Collectively, CHF-denominated stablecoins constitute a market capitalization of approximately $38.6 million.

Meanwhile, a group of nine major European banks plans to develop a euro-linked digital coin under MiCA rules. The banks intend to launch the token in the second half of 2026. ING released a joint statement outlining the initiative. The project aims to create a regulated European digital payment option. OKX has also rolled out a stablecoin payment card across Europe. The exchange allows users to spend stablecoins at merchants that accept Mastercard.

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