Wyre integrated with MoneyGram's new on/off-ramp service on Stellar, enabling users to convert between fiat and cryptocurrency through MoneyGram's global retail network. The service offers zero fees for the first 12 months and supports cash-out functionality worldwide.
Wyre announced integration with MoneyGram's global on/off-ramp platform built on the Stellar network, supported by the Stellar Development Foundation. The integration enables Wyre's 15 million users to seamlessly convert between fiat currency and digital assets using MoneyGram's retail partner network across 100+ countries. Users can load cash into digital wallets or cash out cryptocurrency to local currency in approximately five minutes. MoneyGram is offering zero-fee service for the first 12 months, removing barriers to cryptocurrency accessibility and bridging physical and digital currencies at scale.