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CATEGORY: moneygram


Dec 28, 2022 10:50

Ripple’s Main Rival Stellar Sees 92% Increase In Operations This Year

The main rival of Ripple (XRP), Stellar (XLM), a decentralized peer-to-peer network, recorded around 3 billion operations this year, approximately a 92% increase from last year, which was 1 billion. On December 26th, the network tweeted a thread in which SDF CEO and Executive Director Denelle Dixon summarized 2022 by outlining end-of-year stats, milestone achievements, and […]

Dec 21, 2022 07:10

MoneyGram & Ripple Partner To Launch Fee-Free Online Transaction Service In Brazil

On December 20, MoneyGram International, a pioneer in the development of digital P2P payments, announced the launch of MoneyGram Online (MGO) in Brazil with no transaction fees for users. Additionally, Frente Corretora, a well-known provider of financial technology in Brazil and one of Ripple’s current partners, is working with MoneyGram to create this new service. According to […]

Litecoin eyes $100 after 'rare' LTC price breakout

Author: Cointelegraph By Yashu Gola
United States
Dec 05, 2022 04:45

Litecoin eyes $100 after 'rare' LTC price breakout

MoneyGram's decision to integrate Litecoin into its crypto services and the coin's upcoming halving event has served as catalysts behind LTC's price rally.

Nov 08, 2022 10:35

Litecoin Enters Top 20, Soared Over 28% in The Last 7 Days, Here Is Why


Investors are upbeat about Litecoin since the beginning of this month. The token has outperformed in the past few days, with the market cap reaching $4.91 billion. (Read More)

Nov 02, 2022 05:05

MoneyGram Allows Traders to Buy and Sell Cryptos via Own App

<p> MoneyGram International (<a href="https://www.financemagnates.com/tag/moneygram/" target="_blank">NQ:MGI</a>), one of the leading global financial services providers, unveiled a new cryptocurrency service yesterday. It enables customers to hold, buy and sell their crypto assets within the company's mobile application. </p><p class="MsoNormal">Currently, users can trade three leading cryptos: <a href="https://www.financemagnates.com/terms/b/bitcoin/" target="_blank" id="261088a9-0f41-4202-a73c-31f75ba6bd93_1" class="terms__main-term">Bitcoin</a> (BTC), Litecoin (LTC) and Ethereum (ETH), while the service is available in the majority of the US states. In the past, MoneyGram offered indirect access to cryptos through a partnership with blockchain-oriented companies like Coinme, Stellar and G-Coin. Now, it broadens its arrangement with Coinme to provide direct cryptocurrency holding and trading via its native app.</p><p class="MsoNormal">"Cryptocurrencies are additive to everything we're doing at MoneyGram. From dollars to euros to yen and so on, MoneyGram enables instant access to over 120 currencies around the globe, and we see crypto and digital currencies as another input and output option," Alex Holmes, the Chairman and CEO at MoneyGram, said. </p><p class="MsoNormal">"As a next step in the evolution of MoneyGram, we're thrilled to provide our customers with access to a trusted and easy-to-use platform to securely buy, sell and hold select cryptocurrencies."</p><p class="MsoNormal">According to MoneyGram's press release, the cryptocurrency move answers the dynamic growth of consumers' interest in digital currencies. MoneyGram expects to add another crypto asset, while actively exploring market expansion opportunities in 2023.</p><p class="MsoNormal">MoneyGram Took Cryptocurrencies into the Mainstream</p><p class="MsoNormal">MoneyGram's recent activities clearly show that the payment and financial services provider strategy has begun to focus heavily on cryptocurrencies. <a href="https://www.financemagnates.com/cryptocurrency/news/moneygram-to-enable-cash-transactions-for-bitcoin-across-the-us/">In May 2021</a>, it enabled the sale and purchase of Bitcoin at its physical kiosks across the United States. It was the first partnership deal with crypto operator Coinme, which upped the stakes yesterday.</p><p class="MsoNormal">In early 2022, the company <a href="https://www.financemagnates.com/fintech/moneygram-acquires-minority-stake-in-crypto-atm-operator-coinme/">increased</a> its involvement in Coinme and invested strategically in the crypto-cash exchange firm. The investment gave MoneyGram a 4% ownership stake in Coinme and closed its Series A financing round.</p><p class="MsoNormal"><a href="https://www.financemagnates.com/cryptocurrency/news/moneygram-partners-with-stellar-to-enable-money-transfers-using-usdc/">In October 2021</a>, Stellar Development Foundation, which develops the USD Coin (USDC), became MoneyGram's next partner. Under the partnership, MoneyGram customers gained the ability to transfer funds instantly using the popular <a href="https://www.financemagnates.com/terms/s/stablecoin/" target="_blank" id="e84b040e-4d12-499b-99bf-8ba75ea058ca_1" class="terms__secondary-term">stablecoin</a>. A month later, both parties <a href="https://www.financemagnates.com/cryptocurrency/news/moneygram-announces-new-pilot-with-the-stellar-development-foundation/">agreed</a> to launch a live cash-in and cash-out pilot in the US.</p> This article was written by Damian Chmiel at www.financemagnates.com.

Jun 12, 2022 12:45

‘Cash to Crypto’ Services enabled by MoneyGram on Stellar

MoneyGram launches crypto to cash services on Stellar network. Will be available to selected countries now, and globally by the

May 31, 2022 07:55

MoneyGram Partners with Stellar to Develop Stablecoin Remittance Platform, and Eyes El Salvador Partnership

MoneyGram, the global leader in the evolution of digital P2P payments, is partnering with the Stellar Foundation to create a bridge from the crypto world to the fiat world."

Continue reading MoneyGram Partners with Stellar to Develop Stablecoin Remittance Platform, and Eyes El Salvador Partnership at DailyCoin.com.

MoneyGram Strikes Partnership With Stellar to Launch a Stablecoin Remittance Service

Author: Vignesh Karunanidhi
Estonia
May 31, 2022 07:15

MoneyGram Strikes Partnership With Stellar to Launch a Stablecoin Remittance Service

MoneyGram International, one of the world’s leading cross-border transfer businesses, has teamed up with the Stellar blockchain to develop a stablecoin-based money transfer platform. Users of Stellar wallets will be able to send Circle’s USD Coin (USDC) to receivers who will be able to utilize the MoneyGram network to cash them out for their native […]

May 30, 2022 10:35

MoneyGram CEO Sees Stablecoin As Future of Payments as Service Needs Grow


Stablecoins provide low-cost and easily accessible digital payments across international borders. (Read More)

Feb 02, 2022 07:50

MoneyGram Receives 2022 Top Workplaces USA Award

To determine the 2022 Top Workplaces USA winners, Energage, administered anonymous third-party surveys to measure various culture drivers.

Continue reading MoneyGram Receives 2022 Top Workplaces USA Award at DailyCoin.com.

Jan 06, 2022 06:45

MoneyGram acquires stake in Coinme as part of Series A funding round

MoneyGram, a money transfer service provider based in Dallas, is venturing deeper into the cryptocurrency sector. The company has announced the acquisition of a 4% [...]

Jan 06, 2022 01:45

MoneyGram acquires 4% stake in crypto ATM firm Coinme

US-based cross-border P2P payments and money transfer company MoneyGram has taken yet another initiative in the crypto industry after it partnered with Stellar Foundation in October to offer instant payments service via USDC. The company has now acquired a minor “strategic” stake in Coinme, the first licensed Bitcoin ATM company in the US, following the […]

Jan 06, 2022 01:30

MoneyGram Invests In Bitcoin Kiosk Operator Coinme

The remittances giant acquired a 4% stake in Coinme to support the bitcoin exchange’s growth plans.

Nov 18, 2021 12:25

MoneyGram Announces New Pilot with the Stellar Development Foundation

Settlements are almost instant as users could arrange payments with Stellar's USDC.

Oct 17, 2021 04:10

Stellar (XLM) Surges 15% in Hefty Mode, ATH Soon?

Stellar (XLM) surges drastically by 15% over the past 24 hours. Price touches $0.412 highest for past 30 days. MoneyGram

The post has appeared first on thenewscrypto.com

Oct 08, 2021 12:35

MoneyGram Partners with Stellar to Enable Money Transfers Using USDC

United Texas Bank will act as a settlement bank between MoneyGram and Circle as part of the deal.

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