xMoney, the crypto payments arm of the MultiversX ecosystem, has published whitepapers for three new fully regulated stablecoins — EURXM (euro-backed), USDXM (US dollar-backed), and RONXM (Romanian leu-backed) — marking a major step toward bridging traditional finance and blockchain-based payments.

The trio of stablecoins, scheduled to launch in June 2026, will be 1:1 fiat-backed, redeemable at par at any time, and fully compliant with the European Union’s Markets in Crypto-Assets (MiCA) regulation. Each coin will undergo regular independent financial audits upon launch.

Instant Integration into Existing Products

Upon release, EURXM, USDXM, and RONXM will be immediately available within the xMoney payment gateway and the xMoney Card, allowing users to hold, spend, and swap the stablecoins seamlessly alongside other cryptocurrencies. Merchants using xMoney’s crypto payment processing will gain access to tailored fiat-onramp and off-ramp rails with near-instant settlement.

The stablecoins will initially deploy on the Sui Network and MultiversX, both known for high throughput and sub-cent transaction fees. Future expansions to Ethereum and additional layer-1 ecosystems are already planned.

A Regulated Foundation

xMoney emphasizes that trust and regulatory compliance are at the core of the project. The company has operated as a licensed electronic money institution since 2013 — holding one of the first e-money licenses ever issued by the National Bank of Romania — and obtained a Virtual Asset Service Provider (VASP) license in Portugal for its crypto operations.

The MiCA-compliant framework positions EURXM, USDXM, and RONXM among the most regulated stablecoins in the Web3 space at launch, a deliberate contrast to earlier generations of stablecoins that faced scrutiny over reserves and transparency.

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