MoneyGram announced it is launching a non-custodial crypto wallet that will 'leverage' stablecoin technology.
MoneyGram is launching a non-custodial digital wallet that will allow customers to convert fiat to crypto and vice versa.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Global money wire service MoneyGram is expanding its footprint in the world of crypto and digital payments.
The company is launching its own non-custodial digital wallet that will allow customers to convert fiat to crypto and vice versa, MoneyGram said in. Additionally, MoneyGram emphasized that the new wallet, set to be released in the first quarter of 2024, will"leverage stablecoin technology." "Our vision to connect the world's communities, by empowering our customers through innovative financial solutions, takes another step forward today," MoneyGram CEO Alex Holmes said in the statement."Through the services we provide in partnership with [Stellar Development Foundation], MoneyGram has made strides to create equitable access to the global financial system, having become the single largest fiat on and off-ramp provider offering blockchain access worldwide.
Last month, the Stellar Development Foundation, or SDF, announced it had made a strategic investment in MoneyGram. SDF, which builds on the Stellar blockchain,
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MoneyGram to launch noncustodial crypto wallets by Q1 2024MoneyGram over the years has expanded its services to incorporate the digital asset market and developed its own global fiat on and off-ramp service for digital wallets in 2022.
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