AllUnity has introduced CHFAU, a Swiss franc denominated stablecoin designed to comply fully with the European Union’s Markets in Crypto Assets Regulation framework. The launch marks a significant expansion of regulated multi currency digital money infrastructure targeting corporate and institutional clients.
The venture behind CHFAU is supported by DWS, the asset management arm of Deutsche Bank, along with Flow Traders and Galaxy. The stablecoin is structured as an e money token and is pegged one to one to the Swiss franc, with reserves held in segregated accounts. Oversight under the MiCAR regime, including supervision through Germany’s BaFin, positions the token within a harmonized EU regulatory environment.
While Swiss franc stablecoins already exist, CHFAU differentiates itself through its regulatory passporting potential across the European Union. Under MiCAR, authorized issuers can operate across member states with a unified compliance standard. This framework may offer broader usability compared with tokens regulated solely under Swiss domestic law.
CHFAU launches initially as an ERC 20 token on the Ethereum blockchain, enabling compatibility with established wallets, custody providers and decentralized finance infrastructure. The issuer has indicated that expansion to additional networks is planned later this year, supporting cross chain interoperability and broader settlement capabilities.
The addition of CHFAU complements AllUnity’s existing euro denominated stablecoin, EURAU. Together, the two tokens create multi currency functionality for institutions managing cross border liquidity. For treasury departments and financial intermediaries, access to both euro and Swiss franc digital cash within a compliant structure may streamline settlement and foreign exchange workflows.
Stablecoins backed by major asset managers and trading firms are increasingly positioned as digital cash equivalents for payments, securities settlement and collateral management. As regulatory clarity improves in Europe, institutions are seeking instruments that combine blockchain efficiency with legal certainty and reserve transparency.
The Swiss franc is traditionally viewed as a stable reserve currency, often used in wealth management and cross border trade. A MiCAR compliant franc stablecoin could facilitate near instant settlement in international transactions while maintaining alignment with EU financial rules. This may be particularly relevant for firms operating between Switzerland and the European Union.
The broader stablecoin landscape is evolving rapidly as jurisdictions finalize regulatory regimes. MiCAR represents one of the most comprehensive digital asset frameworks to date, setting capital, governance and disclosure standards for issuers. By launching under this regime, AllUnity signals an emphasis on compliance first infrastructure rather than experimental deployment.
As demand grows for regulated digital currencies beyond the US dollar and euro, multi currency stablecoin platforms are expected to play a larger role in institutional blockchain adoption. The introduction of CHFAU adds another building block to Europe’s emerging digital liquidity ecosystem.
