xMoney to launch EURXM, USDXM and RONXM stablecoins on Sui in June 2026
xMoney has published whitepapers for three fiat-backed stablecoins — EURXM (EUR), USDXM (USD) and RONXM (RON) — and plans official launches in June 2026. The tokens are designed to be 1:1 redeemable and MiCA‑compliant, with ongoing independent financial audits post‑launch. xMoney will initially deploy the stablecoins on the Sui Network to benefit from low fees and fast settlement, with planned expansion to MultiversX and Ethereum. The firm intends to integrate the tokens into its payment gateway and xMoney Card and explore broader product integration to improve client payment rails and cross‑border flows. xMoney frames the issuance as building regulated, scalable Web3 payments infrastructure that bridges traditional finance and blockchain. For traders: expect clearer regulatory signalling for EU‑compliant fiat‑pegged liquidity, potential demand for stablecoin use on Sui, and future cross‑chain availability that could affect on‑chain stablecoin flows and liquidity.
Bullish
The news is bullish for the mentioned stablecoins because regulated, MiCA‑compliant 1:1 redeemable issuance with ongoing audits reduces regulatory and counterparty risk — factors that tend to increase institutional and merchant adoption. Initial deployment on Sui may drive on‑chain demand for these tokens within that ecosystem, supporting stablecoin utility and liquidity there. Planned expansion to MultiversX and Ethereum increases potential market reach and cross‑chain liquidity, which can further support adoption. Short term, market impact may be modest as launches are scheduled for June 2026 and adoption takes time, but sentiment around regulated, audit‑backed stablecoins typically supports stablecoin inflows and usage. Longer term, if xMoney secures trust and actual integrations with payment rails and cards, these tokens could attract steady transactional volume and parity‑preserving liquidity, which is constructive for their market standing.