Verona launches verUSD for AI payments as MiCA issuer AllUnity adds dollar token USDAU
Verona launched AI-payment stablecoin verUSD with over $100 million in launch pledges, and MiCA-regulated AllUnity issued dollar token USDAU on six chains during an EU review of stablecoin rules.
Why it matters
A regulated EU issuer now competes directly in dollar tokens while the Commission reopens MiCA, and Circle's submission puts the bank-deposit minimums and cross-border multi-issuance under review ahead of a broader 2027 overhaul. VerUSD's $100 million is a pledge rather than supply, so its actual issuance and usage are unproven and no circulating figure has been published.
Key facts
Verona launched verUSD on September 28 as a dollar stablecoin designed for machine-to-machine and AI-agent payments.
Reported by Bitcoinist
Verona says verUSD has more than $100 million in institutional launch commitments.
100,000,000 USDReported by Bitcoinist
verUSD launched across Ethereum, Solana, Polygon, Avalanche, Optimism, Arbitrum and Celo, with more networks planned.
Reported by Bitcoinist
AllUnity launched USDAU on September 30 with a 1:1 dollar peg and segregated reserves on Ethereum, Solana, Base, Tempo, Arc and Polygon.
Reported by Cointelegraph
USDAU is issued by AllUnity's BaFin-licensed electronic money institution and is the firm's fourth fiat-backed token after EURAU, CHFAU and SEKAU.
Reported by Crypto.News
Banking Circle will support USDAU reserves and transaction banking while Flowdesk will provide stablecoin liquidity.
Reported by Crypto.News
Circle asked the European Commission to replace MiCA's requirement that issuers hold at least 30% of reserves in commercial bank deposits, 60% for significant issuers, with liquidity requirements.
30 %Reported by Cointelegraph
What happened
Verona launched verUSD on September 28 as a dollar stablecoin built for machine-to-machine and AI-agent payments, and Bitcoinist reported more than $100 million in institutional launch commitments from Animoca Ventures, Figment Capital, Sfermion, Pentos, Ero and Arkstream; no other outlet in this set covered the token. verUSD went live across Ethereum, Solana, Polygon, Avalanche, Optimism, Arbitrum and Celo at launch, and Bitcoinist stressed that the $100 million is committed participation rather than verUSD already issued and trading. On September 30 AllUnity, a German issuer, launched USDAU pegged 1:1 to the dollar with segregated reserves on Ethereum, Solana, Base, Tempo, Arc and Polygon, its fourth fiat-backed token after the euro, Swiss franc and Swedish krona issues. Crypto.News reported that AllUnity's BaFin-licensed electronic money institution issues USDAU, that Banking Circle will support the reserves and transaction banking, and that Flowdesk will provide liquidity, while Cointelegraph put EURAU's market capitalization at roughly $400,000 and CHFAU's at about $45 million inside a global stablecoin market of roughly $291 billion that CoinGecko says is more than 99% dollar-pegged. AllUnity CEO Alexander Höptner told Cointelegraph that 'the US dollar is the glue' in global trade and that a euro-only offering is not enough for European corporates paying across borders, and Stable Mint CEO James Bennett said dollar demand in Europe 'can't be wished away'; Cointelegraph put Stable Mint's USDSM at more than $380 million moved onchain across 3.8 million transfers. Both launches landed inside the EU's review of MiCA: Cointelegraph and Crypto.News reported Circle asking the Commission to replace the requirement that e-money token issuers hold at least 30% of reserves in commercial bank deposits, 60% for significant issuers, with liquidity rules, citing the March 2023 Silicon Valley Bank episode that caught $3.3 billion of USDC reserves, and Decrypt said Circle counts only three MiCA-regulated tokens among the top 25 by value.
How the story developed
- Update
Verona launches verUSD on AI-agent payments
Bitcoinist reports a September 28 launch with more than $100 million in commitments from Animoca Ventures, Figment Capital, Sfermion, Pentos, Ero and Arkstream, across seven networks.
- First report
First report by Bitcoinist
New Stablecoin verUSD Launches With $100M In Institutional Commitments
- Official statement
AllUnity announces USDAU dollar stablecoin
AllUnity says USDAU is fully backed by dollar reserves, redeemable at par through its Business Mint Account, and issued by its BaFin-licensed electronic money institution on six chains.
- Independent corroboration
Independently corroborated by Cointelegraph
European stablecoin issuer AllUnity launches USD stablecoin USDAU
- Update
Advocacy group reports 50,000 letters on MiCA consultation
Stand With Crypto EU said more than 50,000 supporters wrote to the Commission on stablecoin rewards before the consultation closed, with more than 126,000 signatures on a separate petition.
- Official statement
Circle urges EU to replace bank-deposit reserve minimums
Circle's Thursday response asks for liquidity-based reserve rules and preservation of multi-issuance, citing the March 2023 Silicon Valley Bank episode in which $3.3 billion of USDC reserves were held.
- Update
European issuers argue for regulated dollar tokens
AllUnity's Alexander Höptner and Stable Mint's James Bennett told Cointelegraph that euro-only offerings cannot meet corporate demand for dollar liquidity.
- Update
Circle frames MiCA as missing the largest tokens
Decrypt reports Circle's claim that the framework has produced regulated issuers but captured few major global tokens, landing ahead of a broader 2027 MiCA overhaul.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 29 Sept 2026, 23:30 UTC: Bitcoinist — 1 independent source, 1 reports
- 30 Sept 2026, 07:00 UTC: Cointelegraph — 2 independent sources, 3 reports
- 30 Sept 2026, 07:34 UTC: Crypto.News — 3 independent sources, 4 reports
- 30 Sept 2026, 07:36 UTC: Bitcoin Insider — 4 independent sources, 5 reports
- 2 Oct 2026, 19:46 UTC: Decrypt — 5 independent sources, 10 reports
- 5 Oct 2026, 09:10 UTC: CryptoSlate — 6 independent sources, 11 reports
Affected entities
Also mentioned: Ethereum, Solana, United States, Polygon, Base, Arbitrum, Binance
Original sources
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