XYRA Corp., a Wyoming‑based subsidiary of Cavitation Technologies, Inc., announced a strategic focus on Honduras, a remittance hub that received $9.5 billion in 2024, with more than 85 % of those funds sent from the United States. The move positions XYRA to offer faster settlements and lower fees for both banked users and the millions of Hondurans who remain cash‑dependent.
The announcement follows a third‑party license agreement signed on December 1 2025 that provides a legal framework for real‑time remittance, cryptocurrency transactions, and instant fiat conversion. The agreement also unlocks XYRA’s proprietary Cavitation Non‑Thermal Plasma cooling technology for crypto mining, which could reduce operating costs for local mining operators and create a new revenue stream for the parent company.
XYRA appointed former Honduran Minister of Budget and Planning José Rodolfo Zelaya as a strategic advisor in November 2025. Zelaya’s experience in public finance and his network in Honduras give XYRA a regulatory foothold and market insight, helping the company navigate local compliance requirements that mandate payouts in local fiat.
Honduras is a high‑growth remittance market, with remittances rising from $9.18 billion in 2023 to $9.74 billion in 2024. The country’s dependence on remittances—over 10 % of GDP—creates a sizable addressable market for digital payment solutions that can cut transfer costs below the global average of 5 %.
For Cavitation Technologies, the expansion signals a broader strategy to diversify beyond its original focus on water treatment and PFAS removal. The company’s nanotechnology platform and cooling solutions are being leveraged in the cryptocurrency mining sector, and the remittance venture could generate new revenue streams that offset recent operating losses of $258 k in Q3 2025 and $113 k for FY 2025.
XYRA’s entry into Honduras faces competition from established remittance providers such as Western Union and MoneyGram, as well as emerging fintech firms. However, XYRA’s technology offers lower fees and faster settlement times, potentially capturing market share from cash‑dependent users who currently rely on informal money‑transfer services.
The company’s leadership highlighted that the move aligns with its goal to scale its payment network across Central America, leveraging its quantum‑secure payment infrastructure and instant fiat conversion to meet local regulatory requirements. The expansion is expected to increase XYRA’s transaction volume and broaden its customer base, positioning CVAT to capitalize on the growing digital‑asset and remittance sectors.
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