xMoney Launches Three New MiCA-Compatible Stablecoins to Boost Liquidity in Europe

In a strategic move to strengthen the crypto market in Europe, xMoney Global, one of the continent’s leading payment providers, has announced the launch of three new innovative stablecoins. Fully compliant with MiCA regulation, these new additions promise to increase liquidity and pave the way for greater crypto adoption in the region. The launch was revealed by CCN on an interview with xMoney Global co-founder and CEO Gregorios Siourounis.

xMoney’s three new stablecoins, EUROX, USDX, and RONX, have been carefully designed to meet the needs of the European market. EUROX, a Euro-pegged stablecoin, offers a safe and reliable alternative for Euro transactions. USDX, on the other hand, is a US dollar-pegged stablecoin, offering a stable option for investors and traders. RONX, a Romanian Leu-pegged stablecoin, aims to meet the specific needs of the local community in Romania.

A decision The launch of these new stablecoins was the result of a strategic partnership between xMoney Global and the MultiversX Foundation, as highlighted by Siourounis in an interview broadcast on the YouTube channel. The collaboration between the two companies has enabled the creation of innovative stablecoins designed to meet the needs of the European market and drive cryptocurrency adoption in the region.

One of the main highlights of the launch of xMoney’s new stablecoins is their full compliance with the MiCA regulation. This comprehensive regulation establishes a clear legal framework for cryptocurrencies in the European Union, ensuring the security and transparency of transactions. By strictly complying with MiCA, xMoney demonstrates its commitment to offering high-quality products and services in compliance with applicable laws and regulations.

The launch of xMoney’s new stablecoins is expected to have a significant impact on the crypto market. By increasing the liquidity and availability of MiCA-compatible stablecoins, xMoney is paving the way for greater crypto adoption in Europe. With the growing demand for innovative and secure payment solutions, xMoney’s new stablecoins are well-positioned to become a popular choice among investors, traders, and general users.