Wyre integrated with MoneyGram's Stellar-powered on/off-ramp service, enabling users to convert between cash and cryptocurrency globally. The zero-fee service for 12 months lets users move fiat to blockchain in five minutes and cash out digital assets from nearly anywhere.
Wyre announced integration with MoneyGram's crypto-to-cash service built on Stellar, backed by the Stellar Development Foundation. The integration enables Wyre's 15 million users to seamlessly convert between fiat and digital currencies using MoneyGram's global retail network. Users can load cash into digital wallets in five minutes or cash out crypto to local currency worldwide. MoneyGram is offering zero fees for the first 12 months, removing barriers to cryptocurrency accessibility and utility across fintech platforms and digital wallets.