AllUnity has launched CHFAU, a Swiss franc-pegged stablecoin backed 1:1 by CHF and initially available to institutional and professional investors.
The stablecoin debuts on the Ethereum blockchain as an ERC-20 token and enters the market fully aligned with the EU’s Markets in Crypto-Assets Regulation after AllUnity secured an E-Money Institution licence from BaFin in July 2025.
“The launch of CHFAU is a fundamental milestone in our mission to build Europe’s regulated digital payments ecosystem,”
Said CEO Alexander Höptner.
CHFAU will be distributed via the AllUnity Mint Platform and is designed primarily for institutional settlement use cases such as cross-border payments, digital asset markets and treasury management.
AllUnity was founded in 2024 as a joint venture between Deutsche Bank’s asset management arm DWS, Flow Traders and Galaxy Digital, with the goal of issuing fully regulated European stablecoins.
The company’s earlier euro-pegged stablecoin EURAU has grown to a market capitalisation of about $1.2 million, ranking 16th among 22 euro-denominated stablecoins, while the broader euro stablecoin market totals roughly $895 million led by Circle’s EURC.
Although AllUnity says CHFAU is the first MiCA-compliant CHF stablecoin, other Swiss franc tokens such as Frankencoin ZCHF, VNX Swiss Franc and Hedera Swiss Franc exist, with a combined market capitalisation of about $38.6 million.
The launch underscores increasing institutional focus on regulated stablecoins in Europe as firms seek compliant digital cash instruments for settlement and liquidity management within the evolving MiCA framework.
At the time of reporting, Ethereum price was $2,018.08.