AllUnity Launches Regulated EURS Stablecoin Pegged to Swiss Franc (CHF)

German fintech company AllUnity has issued a new regulated stablecoin, EURS, which is uniquely pegged to the Swiss franc (CHF). This move introduces a digital asset backed by a traditional safe-haven currency into the cryptocurrency market. The EURS stablecoin operates under regulatory oversight, aiming to provide enhanced stability and security for users seeking exposure to the CHF through blockchain technology. This development represents a significant step in bridging traditional finance with the digital asset ecosystem, offering a novel tool for hedging and transactions.