Xryma Launches Regulated Stablecoin XREUR

cryptonews.ruPublished on 2026-07-28Last updated on 2026-07-28

Abstract

Cypriot fintech company Xryma Plc has announced the launch of a regulated stablecoin, XrymaCoin (XREUR), which is backed by the euro. Following notification to the Central Bank of Cyprus, the company has published the documentation for issuing XREUR in compliance with the MiCA regulation. The public launch of XREUR is scheduled for September 3, 2026. The stablecoin will be issued and circulated through the Xryma platform. Both private users and companies will be able to acquire XREUR via open banking payments, the European Central Bank's T2 instant settlement system, or through a business API integration. The platform supports instant SEPA transfers, Mastercard-based open banking services, and a connection to the European Central Bank's settlement system. When redeeming the stablecoin, users will be able to instantly receive euros in their account or send funds to over 60 countries with next-business-day crediting.

Cyprus-based fintech company Xryma Plc has announced the launch of the regulated stablecoin XrymaCoin (XREUR), backed by the euro. Following notification to the Central Bank of Cyprus, the company has published the documentation for issuing XREUR in accordance with the MiCA regulatory requirements. The public launch of XREUR is scheduled for September 3, 2026.

The issuance and circulation of the stablecoin will be handled through the Xryma platform. Private users and companies will be able to purchase XREUR via open banking payments, the European Central Bank's T2 instant settlement system, or through a business API integration.

The platform supports SEPA Instant transfers, Mastercard-based open banking services, and connectivity to the European Central Bank's settlement system. When redeeming the stablecoin, users will be able to instantly receive euros in their account or send funds to more than 60 countries with settlement by the next business day.

Image: Magnific

end-content

Related Questions

QWhat is the name of the regulated stablecoin launched by Xryma, and what is its ticker symbol?

AThe stablecoin is called XrymaCoin and its ticker symbol is XREUR.

QWhich regulatory framework is the XREUR stablecoin issued in compliance with?

AXREUR is issued in compliance with the requirements of the MiCA regulation.

QWhen is the official public launch date scheduled for the XREUR stablecoin?

AThe public launch is scheduled for September 3, 2026.

QWhat currency backs and secures the value of the XREUR stablecoin?

AThe XREUR stablecoin is backed and secured by the Euro.

QName two payment methods mentioned that private users and companies can use to acquire XREUR.

APrivate users and companies can acquire XREUR using open banking payments and the ECB's TARGET Instant Payment Settlement (TIPS) system.

Related Reads

Bernstein Reveals Details of Core Scientific's $14 Billion Deal with AMD

Analysts from Bernstein revealed details of a deal between Core Scientific and AMD with a potential total value of over $14 billion. According to the report, initial contracts for 530 MW of capacity could generate this revenue over 15 years, with AMD acting as a credit guarantor for part of the bitcoin miner's infrastructure. The partnership, announced on July 28, has the potential to allocate up to 2.5 GW of data center capacity for AI. Bernstein broke down the 530 MW into 377 MW of direct triple-net lease for AMD and 152 MW for an unnamed cloud provider backed by AMD's credit. This structure is seen as lowering financing costs and counterparty risk. AMD also received warrants to buy 30 million Core Scientific shares at $23.47 each, which vest upon reaching the 2.5 GW target. Average annual revenue from the deal is estimated at around $0.9 billion, or about $1.8 million per megawatt, which is 5-25% below recent AI hosting deals by other miners. However, the 377 MW triple-net lease for AMD carries a margin close to 100%. Core Scientific expects capital expenditures for the deal to be $11-12 million per MW, totaling about $6 billion. Bernstein views this partnership as a new phase in the transformation of former bitcoin miners into AI infrastructure operators, with AI chipmakers like AMD now acting as direct anchor tenants. Recent similar deals include Hut 8 allocating 704 MW to a tenant believed to be Nvidia, and AMD reserving 200 MW with Riot Platforms. Core Scientific also paid Block $41.9 million to terminate a mining chip supply contract as part of its accelerated diversification into AI.

cryptonews.ru51m ago

Bernstein Reveals Details of Core Scientific's $14 Billion Deal with AMD

cryptonews.ru51m ago

Trading

Spot
活动图片