Solana News

CHFAU launches on Solana as AllUnity says TVL is nearing ₣50 million

AllUnity said its Swiss franc stablecoin CHFAU has gone live on Solana, adding a second blockchain venue to a token that the company describes as a regulated, 1:1-backed digital franc. The company said the rollout follows the stablecoin’s earlier launch and is part of a broader plan to expand availability through additional integrations.

The company’s official announcement on CHFAU says the token launches on both Ethereum, as an ERC-20 asset, and Solana. AllUnity also said CHFAU is aimed at institutional and professional clients and is available through its own mint platform.

Availability is still being rolled out through integrations

AllUnity said broader access across trading venues will come progressively as integrations are finalized. In other words, the token’s technical presence on Solana does not by itself mean it is already broadly listed or widely used across exchanges.

The company also said CHFAU is intended primarily for institutional settlement. That framing places the token closer to regulated payments infrastructure than to a retail-facing stablecoin launch.

In social posts tied to the rollout, AllUnity said total value locked in CHFAU is nearing ₣50 million. The figure appears in the company’s own promotional messaging, but the precise scope and timing of that amount were not detailed in the announcement.

A second network for a regulated Swiss franc token

Solana gives CHFAU another settlement rail alongside Ethereum, but the launch alone does not establish how much actual usage will follow. For now, the confirmed change is that the token is technically live on another chain, with venue support still being added separately.

That distinction matters for readers tracking stablecoin adoption. A token can be available on a network without that availability yet translating into meaningful circulation, liquidity or settlement activity.