The world leader in the evolution of P2P digital payments is entering a new phase of its development. On Tuesday evening, the company announced the launch of a crypto service that will undoubtedly delight consumers. Now they will be able to buy, sell and trade assets through the MoneyGram app.
MoneyGram immerses itself in the world of crypto
MoneyGram is known worldwide for its P2P digital payment services. But as the world develops exponentially, society goes like this and launches a new section Dedicated to cryptocurrency. On November 1, the payments company announced that its users can now buy, sell and trade digital assets through the MoneyGram app.
Among others, Bitcoin (BTC), Ether (ETH) and Litecoin (LTC). With numerous partnerships with G-Coin, Stellar, Coinme and Circle, MoneyGram is a pioneer in blockchain-based cross-border payments and settlement. Cryptocurrencies are occupying an increasingly prominent position in the global economy.
As a result, Alex Holmes, CEO of MoneyGram stated that Cryptocurrency is an addition to everything we do at MoneyGram. From dollars to euros to yen and more, MoneyGram gives instant access to more than 120 currencies worldwide, and we consider cryptocurrencies and digital currencies as another option for entry and exit. “.
He adds that the company can now meet the growing need of consumers. Thanks to Fintech’s innovation culture, it is now bridging the gap between blockchain and traditional financial services. However, this service is only available in the US states as well as in the District of Columbia. However, the company is committed to developing its growth in order to expand its services to all its clients regardless of their geographical area.
According to Holmes, the company aims to provide innovative financial solutions that connect communities around the world. As such, today’s announcement is part of its strategy to provide the best service to a growing segment. The list of crypto assets is also expected to expand so that MoneyGram can explore other markets in 2023.
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The world is changing and adaptation is the best weapon to survive in this undulating universe. As a crypto community manager at the base, I am interested in everything directly or indirectly related to the blockchain and its derivatives. In order to share my experience and introduce a field that fascinates me, nothing is better than writing articles that are useful and comfortable at the same time.