MoneyGram supports crypto-to-cash withdrawals for Kraken users
The Block
Kraken and MoneyGram have partnered to allow users to withdraw cryptocurrency as cash at over 500,000 MoneyGram locations globally.Summary
Kraken has partnered with MoneyGram to enable users to convert their cryptocurrency into cash at approximately 500,000 MoneyGram kiosks in nearly 100 countries. This integration aims to bridge digital asset markets with local financial systems, offering near-instant payouts. The companies plan to expand the partnership in the future to include bank deposits and cross-border remittance services.
(Source：The Block)