Deutsche Bank-Backed AllUnity Launches First MiCA-Compliant Swiss Franc Stablecoin

AllUnity, the Deutsche Bank-backed stablecoin platform, has launched CHFAU, the first Swiss franc stable token. The new digital currency, fully compliant with MiCA rules and backed 1:1 by Swiss franc reserves, is designed for institutional investors.

AllUnity Launches Switzerland’s First CHF Stablecoin

In an X post earlier today, Deutsche-backed AllUnity has announced the launch of the first MiCA-compliant, Swiss franc stablecoin. “With CHFAU, AllUnity advances toward a multicoin, multicurrency, multichain framework, building regulated digital money infrastructure designed for global liquidity,” read the post.

The token is fully pegged to Swiss francs (CHF) and will be available only to institutional and professional investors via the AllUnity Mint Platform. The stablecoin is now available on the Ethereum blockchain as an ERC-20 token, with plans to expand to other networks later this year.

The launch comes following the platform’s acquisition of an E-Money Institution (EMI) license from Germany’s financial regulator, BaFin, in July 2025. This license paved the way for the debut of the euro-backed EURAC token last year. Building on this momentum, the platform is now launching CHFAU, the franc-backed token.

According to AllUnity CEO Alexander Höptner, the CHFAU launch is a “fundamental milestone in our mission to build Europe’s regulated digital payments ecosystem.” He added,

“The primary purpose of CHFAU is to serve as a trusted, regulated digital Swiss franc for institutional settlement…Whether for cross-border payments, digital asset markets, or treasury and liquidity management, CHFAU enables secure, real-time value transfer within a fully compliant framework.”

Although AllUnity claims CHFAU is the first MiCA-compliant token pegged to CHF, other companies have also tried similar projects. According to DefiLlama data, three CHF-backed stablecoins already exist. These include Frankencoin (ZCHF), VNX Swiss Franc (VCHF), and Hedera Swiss Franc (HCHF).

Driving the Future of Payments

Significantly, this move marks a significant step in bringing regulated, cross-border digital payments to the global financial market, especially amid the growing demand for stablecoins. Countries and governments across the world are increasingly embracing stable tokens. Recently, as CoinGape reported, Hong Kong is issuing its first stablecoin licenses in the coming months.

Stablecoins are also largely integrated by institutions for cross-border payments and other real-world utilities. For example, Zuckerberg’s Meta is planning to include stablecoins on its platforms, such as Facebook, WhatsApp, and Instagram.

Stripe’s potential acquisition of PayPal is another major example of the growing momentum of stable tokens. CoinGape reported that Stripe is in initial talks with PayPal as the former intends to explore more payment opportunities.