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Payments company MoneyGram is rolling out a new service that allows consumers to buy, sell and hold crypto assets using its mobile app.
and statementthe remittance giant announced that its MoneyGram app’s crypto trading features will support Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), and is now available to customers in nearly every US state and the District of Columbia. said.
Alex Holmes, Chairman and CEO of MoneyGram, said:
We see cryptocurrencies and digital currencies as separate input and output options. The next step in MoneyGram’s evolution is to provide our clients with access to a trusted, easy-to-use platform and select We are happy to be able to safely buy, sell and hold cryptocurrencies.
The company is offering new services to its customers with the help of cryptocurrency exchange Coinme. The two companies have been together since 2021 when MoneyGram partnered with his CoinMe to allow customers to buy bitcoin using fiat currency and convert digital coins to cash at physical locations in the United States. , have cooperated.
In June, MoneyGram launched new services in major remittance markets such as the Philippines, United States, Canada, and Kenya, using payment blockchain Stellar (XLM) and stablecoin USD Coin (USDC) as fiat currency. and cryptocurrencies.
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