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Cryptocurrency News Articles

Zypto Launches USDC-Cash Conversion Feature in the Company's Revolutionary Crypto App

Dec 19, 2024 at 04:43 am

Zypto - Making crypto and blockchain payments easyUSDC Stellar to Cash or Cash to USDC Stellar, with Zypto and MoneyGramZypto partners with MoneyGram

Zypto Launches USDC-Cash Conversion Feature in the Company's Revolutionary Crypto App

Zypto, a leading cryptocurrency payment app, has announced the launch of a new feature that allows users to convert USDC Stellar (XLM) to cash or vice versa at MoneyGram locations worldwide. This integration bridges the gap between traditional finance and the blockchain economy, making it easier for people to use cryptocurrencies in their everyday lives.

With this new service, Zypto users can now convert their USDC Stellar to cash at any of the 350,000 MoneyGram agent locations in over 200 countries and territories. To do so, users simply need to select the 'Cash Out' option in the Zypto app, enter the amount of USDC Stellar they want to convert, and choose the nearest MoneyGram location. They will then receive a reference number, which they can use to collect the cash at the selected MoneyGram agent.

The integration also works in reverse, allowing users to convert cash to USDC Stellar. This can be done by visiting a MoneyGram location and filling out a simple form, which will include the recipient's Stellar address and the amount of cash being deposited. The recipient will then receive the equivalent amount of USDC Stellar in their Stellar wallet within minutes.

“We're excited to partner with MoneyGram to enable global cash-USDC (Stellar) conversions, bridging the gap between traditional finance and the blockchain economy,” said Zypto CEO Bryan Feinberg. “This integration makes it easier for people around the world to use cryptocurrencies in their everyday lives.”

The launch of this new feature is part of Zypto's ongoing mission to make cryptocurrency payments easy, accessible, and useful for everyone. The company is already working on adding support for more cryptocurrencies and expanding the service to other regions in the near future.

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