Xryma Plc Announces Launch of Regulated Euro Stablecoin XREUR
Xryma Plc has announced the upcoming launch of its regulated euro stablecoin, XrymaCoin (XREUR), which is designed to function like traditional money and will be issued on 3 September 2026. The company published a whitepaper for the issuance under MiCAR regulations and notified it to the Central Bank of Cyprus in June 2026. Additional custody and transfer features were also submitted by mid-July. XrymaCoin is intended as a cross-border solution, combining open banking capabilities with real-time gross settlement systems (T2 RTGS) for instant transactions. It will be available to consumers and businesses via the company's website using Xryma’s Paidby® Mastercard A2A system or through merchant APIs. Xryma is an EEA-authorised electronic money institution supervised by the Central Bank of Cyprus, with reserves held at EU banks and real-time transparency. The stablecoin will not be covered under standard investor compensation schemes.
Topics: Central Bank of Cyprus MiCAR compliance stablecoin token issuance