
Beniamin Mincu |🇺🇸/acc|Sep 05, 2025 20:43
JUST IN: MultiversX, together with Sui, are partnering to make payments borderless, permissionless, and decentralized via xMoney.
A few warm thoughts and a slightly different perspective:
1) Why this matters
The milestone announced today is a very important one. Yet some read it as the opposite. Let’s unpack what it actually unlocks and whether it helps our mission or not.
2) What the partnership means.
To repeat clearly: MultiversX, together with Sui, are partnering to make payments borderless, permissionless, and decentralized with xMoney.
Two of the most advanced, high-performance blockchain ecosystems are joining forces to accelerate progress and adoption of money rails.
For me, this is massive. And it means several things:
- Validation: A strong external signal that our payments stack is valuable and needed.
- New markets: Access to users, merchants, and enterprises we haven’t reached yet.
- New community: A fresh builder and user base to learn from and build with.
- New liquidity: Deeper, more diverse liquidity for payments and future products.
3) What changes, and what doesn’t.
- xMoney will keep serving its current merchants, businesses, and users. That commitment is unwavering.
- xMoney will also serve new merchants and users via the Sui ecosystem. More doors open, not fewer.
- Stablecoins and rails will be multi-chain. When xMoney stablecoins launch, they will live on several chains, MultiversX, and others.
4) Why collaborate on an updated token with a major US/Asia-rooted ecosystem?
- Distribution and liquidity: Because it’s the most effective way to align distribution and liquidity while showcasing the tech we’ve been building for years.
- Bridges and validation: This opens a durable bridge between MultiversX and Sui, expands reach, and strengthens validation.
- A starting point: No, this is not the “end state.” It’s a starting point. Over time, that asset can also live on MultiversX.
5) What’s next.
The xMoney team has already scheduled a spaces session for open community discussion, to share specifics and rationale in detail.
In the meantime, I’m here to listen. If you have concerns, bring them. Let’s surface some of your questions and have them addressed by the team on Monday.
Bottom line.
We build bridges, not walls. This partnership widens the on-ramps to our ecosystem and compounds the value of the work done so far, for our community, our builders, and the real-world businesses we aim to serve. This is the kind of step that perhaps should have been taken earlier, yet there’s a certain fortune in its timing now. Sometimes doors only open when both sides are ready to walk through them. Today, the alignment of direction, partners, and the opportunity of global payments opens this door.
In that sense, arriving here now is not late, but right on time. And we are ready to take this next step, together.(Beniamin Mincu |🇺🇸/acc)
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