Home Cryptocurrency News MoneyGram Introduces New Crypto Service Enabling Prospects to Purchase, Promote and Maintain Cryptocurrency by way of the MoneyGram App – PR Newswire

MoneyGram Introduces New Crypto Service Enabling Prospects to Purchase, Promote and Maintain Cryptocurrency by way of the MoneyGram App – PR Newswire

7 min read
Comments Off on MoneyGram Introduces New Crypto Service Enabling Prospects to Purchase, Promote and Maintain Cryptocurrency by way of the MoneyGram App – PR Newswire
31

Customers within the U.S. can now commerce and retailer Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) through the use of the Firm’s main cell app

That is the most recent crypto-related service launch from an organization bringing real-world cryptocurrency and blockchain use circumstances to life

DALLAS, Nov. 1, 2022 /PRNewswire/ — MoneyGram International, Inc. (NASDAQ: MGI) (“MoneyGram” or the “Firm”), a worldwide chief within the evolution of digital P2P funds, at the moment introduced the launch of a brand new service enabling customers to purchase, promote and maintain cryptocurrency by way of the MoneyGram cell app. This new and revolutionary function provides MoneyGram prospects in practically all U.S. states and the District of Columbia1 the power to commerce and retailer Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) through the use of the Firm’s main cell app.

That is the most recent crypto-related service launch from an organization bringing real-world cryptocurrency and blockchain use circumstances to life. From on/off-ramp companies for digital wallets by means of partnerships with Coinme, Stellar and G-Coin, to cross-border settlement by means of Circle‘s USD Coin (USDC), to the brand new capability to purchase and retailer crypto just by utilizing its app, MoneyGram is pioneering cross-border cost innovation and blockchain-enabled settlement.

“Cryptocurrencies are additive to every part we’re doing at MoneyGram. From {dollars} to euros to yen and so forth, MoneyGram permits instantaneous entry to over 120 currencies across the globe, and we see crypto and digital currencies as one other enter and output choice,” stated Alex Holmes, MoneyGram Chairman and CEO. “As a subsequent step within the evolution of MoneyGram, we’re thrilled to supply our prospects with entry to a trusted and easy-to-use platform to securely purchase, promote and maintain choose cryptocurrencies.”

MoneyGram is on a mission to ship revolutionary monetary options that join the world’s communities. With at the moment’s announcement, the Firm is constant to execute that technique and finest serve its buyer base of tens of hundreds of thousands of individuals. MoneyGram is dedicated to investing in new progress alternatives and increasing previous its core merchandise to reinforce client monetary companies all over the world.

Holmes added: “As client curiosity in digital currencies continues to speed up, we’re uniquely positioned to fulfill that demand and bridge the hole between blockchain and conventional monetary companies due to our world community, main compliance options and powerful tradition of fintech innovation. We’re excited for this subsequent chapter in our journey.”

The flexibility to purchase, promote and maintain crypto utilizing the MoneyGram app is made doable by means of the Firm’s current partnership with Coinme, a licensed crypto change and API-driven crypto-as-a-service supplier. Collectively, since 2021, MoneyGram and Coinme have partnered to broaden entry to crypto by creating hundreds of recent places within the U.S. for customers to purchase and promote bitcoin with money.

MoneyGram is predicted to broaden its future collection of crypto cash because the Firm explores enlargement to different markets in 2023, as world laws enable.

For extra info, please go to: https://www.moneygram.com/mgo/us/en/m/crypto/

About MoneyGram Worldwide, Inc.
MoneyGram Worldwide, Inc. (NASDAQ: MGI), a worldwide chief within the evolution of digital P2P funds, delivers revolutionary monetary options to attach the world’s communities. With a purpose-driven technique to mobilize the motion of cash, a powerful tradition of fintech innovation, and main customer-centric capabilities, MoneyGram has grown to serve over 150 million folks within the final 5 years. The Firm leverages its trendy, cell, and API-driven platform and collaborates with the world’s high manufacturers to serve customers by means of its direct-to-consumer digital channel, world retail community, and embedded finance enterprise for enterprise prospects. MoneyGram can be a pacesetter in pioneering cross-border cost innovation and blockchain-enabled settlement. For extra info, please go to ir.moneygram.com, comply with @MoneyGram on social media, and discover the web site and cell app by means of moneygram.com.

MoneyGram Media Contact
Sydney Schoolfield
[email protected]

SOURCE MoneyGram

Adblock test (Why?)


Source link

Load More Related Articles
Load More By admin
Load More In Cryptocurrency News
Comments are closed.

Check Also

Ripple units new file with 108,900 XRP utilized in XRPL NFT gross sales – Crypto Information Flash

The XRPL Punks NFT assortment makes file gross sales hitting a brand new milestone for the…