According to the shares of an expert, payment company MoneyGram is preparing to offer Dogecoin (DOGE), Bitcoin (BTC) and various other altcoins to users. Here are the details…
MoneyGram can add Dogecoin and these altcoins
According to a screenshot recently shared on Twitter by Steve Moser, an iOS developer, MoneyGram, a famous payments company is preparing to offer cryptocurrencies to users. “Working on Bitcoin, Ethereum, Litecoin, Polygon, Chainlink, Dogecoin and Stellar trading in the MoneyGram mobile apps,” Steve Moser said in the tweet series where the screenshots were shared. According to the expert’s findings, the hidden texts that hint about cryptocurrencies in MoneyGram’s app are as follows:
- “Enable crypto and get direct access to a wide variety of crypto assets and services.”
- “Your crypto trade has been confirmed!”
- “Even if you already have a MoneyGram online profile, you will need to register separately for our crypto services.”
- “We have been in the money business for over 80 years and we wanted to give you a reliable way to enter the exciting world of digital currency.”
MoneyGram and its relationship with the cryptocurrency space
As Cryptokoin.com reported, MoneyGram is well-known in the field for its partnerships with pioneering projects in the field of cryptocurrencies. The most popular of these, though no longer available, can be cited as the Ripple (XRP) partnership. Apart from that, MoneyGram announced its first partnership with Coinme in May 2021 to build a crypto-to-cash model by building a bridge to connect Bitcoin to the native fiat currency. The partnership has further expanded access to Bitcoin by creating thousands of new point-of-sale locations to buy and sell Bitcoin. Apart from that, the company announced that it invested in the cryptocurrency exchange Coinme.
About the investment realized in early 2022 “The amount of MoneyGram’s strategic investment in Coinme has not been disclosed, but gives the firm a 4 percent stake in the Seattle-based company. As a result, MoneyGram has now established direct ownership in Coinme.” Apart from that, traditional cross-border payments giant MoneyGram announced that it is working with the Stellar Blockchain network to create instant money transfers using Circle’s USDC stablecoin. The companies started working in the fourth quarter of 2021. It will see the gradual rollout of a ledger-based stablecoin bridge between cryptocurrencies and local currencies to connect MoneyGram’s 150 million or so consumers.
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