TruBit, Latin America’s leading crypto payment platform, has integrated with MoneyGram Access™, developed by MoneyGram in collaboration with the Stellar Development Foundation. This partnership enables seamless cash-to-USDC conversions at MoneyGram locations across key LATAM markets, targeting the region's $82 billion+ remittance economy. It leverages Stellar's blockchain for efficient cross-border payments and financial inclusion.
TruBit announced a strategic integration with MoneyGram Access™, a global on/off-ramp service for digital assets created by MoneyGram International in partnership with the Stellar Development Foundation. The collaboration extends services to Latin American markets like Mexico, Argentina, Brazil, and Colombia, where remittances exceed $82 billion annually, with Mexico alone at $64.75 billion in 2024. Users can deposit cash at MoneyGram locations such as OXXO in Mexico to acquire USDC on Stellar, and withdraw USDC back to local fiat currencies. This bridges cash and digital economies using Stellar's fast, low-cost blockchain and USDC stablecoin. TruBit CEO Maggie Wu highlighted the partnership's role in financial inclusion. The integration supports TruBit's mission for compliant fiat-crypto services in LATAM and beyond.