XYRA Corp. Announces the First AI-Driven, Quantum-Secure Remittance Infrastructure to Unite Global Remittances, FinTech, and Tokenization

Core Insights - XYRA Corp. has launched the first AI-driven, quantum-secure remittance and tokenization network aimed at improving global remittance systems and tapping into multi-trillion-dollar markets [1][3] - The global remittance market is projected to exceed $1 trillion by 2030, with significant inefficiencies in current systems, including high fees averaging 6.5% and slow settlement times of 2-5 days [2][3] - XYRA's platform promises to reduce costs to less than 1% and speed up settlement times to under an hour, while also introducing a credit card linked directly to remittance flows [3] Industry Overview - The global remittance market is projected to reach $905 billion in 2024 and over $1 trillion by 2030, with additional opportunities in cross-border B2B transactions exceeding $122 trillion and tokenized assets reaching $16 trillion by 2030 [2] - Current remittance systems are outdated, costly, and insecure, leading to significant financial losses for families and businesses [2] Company Technology and Infrastructure - XYRA's technology is built on Cavitation Technologies Inc.'s patented Cavitation Non-Thermal Plasma™ systems, which address critical issues in next-generation computing environments [4][5] - The company integrates AI and quantum-secure technology to create a unified ecosystem that enhances remittance processes and transforms them into compliant, income-producing digital assets [6][7] Key Features of XYRA's Platform - The AI Intelligence Layer monitors remittance flows, automates KYC/AML processes, and provides insights from transactions [7] - The Quantum Security Layer employs post-quantum cryptography to protect transactions against future quantum threats [7] - XYRA is developing a regulated infrastructure for issuing asset-backed, quantum-secure stablecoins, facilitating compliant fiat-to-stablecoin transactions [7] Company Background - XYRA Corp. is a subsidiary of Cavitation Technologies, Inc., focused on opportunities in the crypto technologies market and leveraging patented technologies for fluid processing applications [8][9] - The company aims to build a team of experts to explore unique technologies in the rapidly evolving crypto and data center infrastructure sectors [8]