MoneyGram has launched a new crypto service that will allow customers to buy, sell and hold cryptos like Bitcoin, Ethereum and Litecoin using their application. The company has made several partnerships to support its advancement into the Web3, so this new service comes with no surprise.
Alex Holmes (CEO of MoneyGram) said that, cryptocurrencies were part of the operations at MoneyGram and digital currencies were a perfect addition to diversify the payment options available to users.
Holmes also added that the company was “thrilled to provide our customers with access to a trusted and easy-to-use platform to securely buy, sell and hold select cryptocurrencies.”
Moneygram has proven its commitment to providing innovative financial solutions, this announcement of offering cryptocurrency services is part of the company’s effort to deliver innovative financial solutions that link the communities globally.
The financial service company has demonstrated its commitment to expanding its range of products and to providing a wide range of financial services around the world. As the market for digital currencies continues to grow, the company is in a unique position to meet the demand and bridge between blockchain and traditional financial services. The company is also committed to meet compliance solutions, promoting a work culture that is conducive to a strong and sustainable business.
The ability to trade and hold cryptocurrencies using the MoneyGram app has been supported by the company’s partnership with the crypto CEX Coinme. The two parties have worked together since 2021 and they have partnered to expand their access to cryptocurrency services through creating thousands of new locations within the US to allow consumers to buy and sell Bitcoin and other digital assets using cash. It is obvious that fin-tech companies must use cryptocurrencies to be able stay in the business in the future.