KEY TAKEAWAYS
- xMoney Global appoints Dr. Greg Siourounis as Co-Founder and CEO to drive new leadership and growth strategies.
- The company aims to bridge traditional finance with decentralized finance, focusing on strategic deals and regulatory alignment.
- xMoney Global plans to launch a blockchain-as-a-service module, supported by a native stablecoin and MultiversX’s sharding technology.
- As a Mastercard principal member, xMoney Global is poised to lead in Europe’s EU-regulated stablecoin era under the MiCA regulation.
Shifting market conditions and new ambitions have prompted xMoney Global, a cross-border, inter-bank, and unified crypto/fiat integrated payments platform, to embark on a new leadership and growth strategy. Dr. Greg Siourounis, an award-winning economist and experienced business leader, has been appointed as Co-Founder and CEO to spearhead these changes.
Dr. Siourounis’s immediate focus will be on strategic deals, regulatory alignment, and market expansion. xMoney Global aims to build a comprehensive payments platform that bridges traditional financial systems with decentralized finance. Dr. Siourounis brings over 25 years of experience in leadership and board roles across major tech and venture capital firms. He has also served as Managing Director of the Sui Foundation and co-founded Cenobe and EveryPay, a fully licensed payment service provider regulated by the Bank of Greece.
Strategic Vision for xMoney Global
In the context of a rapidly evolving digital landscape, driven by the implementation of the Markets in Crypto-Assets (MiCA) regulation, xMoney Global, a Mastercard principal member, is positioning itself to lead Europe’s upcoming EU-regulated stablecoin era. Stablecoins have become a significant driver of blockchain adoption, surpassing Bitcoin, remittances, and PayPal in annual transaction volume.
Dr. Siourounis will oversee the integration of xMoney’s advanced blockchain-enabled payments infrastructure with its forthcoming stablecoin product. He stated, “With Europe preparing to embrace MiCA regulation, xMoney Global is positioned to redefine what compliant, secure, and seamless digital payments can be.”
Innovative Payment Solutions
xMoney Global plans to launch a next-generation blockchain-as-a-service module, backed by its native stablecoin. The platform will offer key white-labeled services, including acquiring, issuing, onramps/offramps, and a loyalty program, all supported by MultiversX’s advanced sharding technology.
Beniamin Mincu, Co-founder of MultiversX Foundation, commented on the collaboration, highlighting the potential of blockchain technology to facilitate direct financial interactions across borders. He emphasized the role of industry veterans like Dr. Siourounis in bringing these innovations to the market.
For more information, the announcement can be found here.
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