xMoney (formerly known as Utrust) was created to address the challenges hindering the widespread use of cryptocurrency as a payment method, including the inadequate security of existing payment platforms and the relatively high transaction fees. The primary objective of the platform is to establish a system that enables quick and seamless cryptocurrency transactions at reduced fees, thereby enabling merchants to tap into a large pool of cryptocurrency holders. The platform enables buyers to make secure purchases while also providing the option for refunds, thereby safeguarding sellers against the volatility of the cryptocurrency market. Additionally, xMoney aims to enhance the reliability of payment platforms by integrating the most effective features of blockchain technology and traditional fiat systems. Through strategic collaboration with MultiversX and the utilization of cutting-edge technology, xMoney empowers individuals and businesses to streamline their payment processes, foster growth, and deliver outstanding customer experiences. By prioritizing innovation and excellence, xMoney continues to lead the transformation of the financial industry. The native token of xMoney (UTK) and its tokenomics under UTK 3.0 are primarily designed to incentivize desired behaviors, such as the acceptance of both crypto and fiat currencies by businesses and facilitating payments with these currencies for users. This approach encourages more businesses to join the ecosystem, creating a positive feedback loop that benefits buyers, users, investors, token holders, and businesses alike. This collaborative approach further promotes the adoption of decentralized financial tools and currencies.