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MoneyGram Launches API for Embedding Crypto On/Off-Ramp Functionality

MoneyGram launched MoneyGram Ramps, an API powered by Stellar and Circle's USDC that lets developers embed compliant cash-to-crypto and crypto-to-cash functionality. The service covers 30+ countries for deposits and 170+ for withdrawals.

Lumen Loop's take

MoneyGram introduced MoneyGram Ramps, a developer API built on Stellar blockchain and Circle's USDC stablecoin that simplifies cash-to-crypto and crypto-to-cash integration for wallets, exchanges, and FinTech apps. The API eliminates custom infrastructure requirements, handles regulatory compliance, and enables sandbox setup in five minutes. It supports cash deposits in over 30 countries and withdrawals in 170+ countries through MoneyGram's global network. The launch follows recent integrations with CompoSecure's Arculus wallet, Plaid for bank authentication, and Mastercard Move for cross-border payments.

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