#USDC
MoneyGram access integrates OwlTing for USDC support.
Bringing crypto opportunities to unbanked population.
MoneyGram, a global payments operator, announces the partnership with OwlTing Group, a Hong Kong cryptocurrency services platform. Thanks to the collaboration, OwlPay Wallet Pro can be seamlessly connected to MoneyGram International accounts.

#MoneyGramAccess expands further with our newest global partner @OwlTing 🌐

Bridging #USDC stablecoin and local fiat currencies for OwlPay® Wallet Pro users opens access to the digital economy and brings financial inclusion to underbanked regions.

— MoneyGram (@MoneyGram) December 6, 2024

As such, cash-in operations with the USDC stablecoin and local currencies are now available for customers in 30 MoneyGram's locations globally. USDC cash-out with OwlPay Wallet Pro becomes accessible for clients in all 170 countries and territories of MoneyGram's presence.

USDC (formerly USD Coin) by Circle is the second-largest stablecoin in the world. Its market capitalization is estimated at $41 billion in equivalent.

As covered by U.Today previously, MoneyGram giant has a long track of interactions with crypto-based remittances platforms.

Starting from 2022, MoneyGram allows direct purchasing of Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) within its applications.

JUST IN: #Binance and Circle announce major partnership to boost USDC adoption, potentially reducing USDT dominance on world's largest exchange

This is MASSIVE for $USDC adoption, and could mark the beginning of the end for USDT dominance