As a seasoned crypto investor with a knack for staying ahead of the curve, I find the partnership between MoonPay and Ripple to be a strategic move that strengthens my confidence in the future of digital assets. The ability to directly purchase XRP within my MoonPay account is not just convenient, but also a testament to the growing acceptance and mainstream adoption of cryptocurrencies.
The cryptocurrency payment service, MoonPay, is teaming up with Ripple to offer their clients a simple method for buying XRP directly.
On October 16th, MoonPay announced a new partnership, allowing their users to directly purchase, oversee, and keep the XRP (XRP) digital currency within their MoonPay accounts.
In a user-friendly manner, XRP has been added to the list of digital currencies that MoonPay users can conveniently purchase and trade within the application. This includes established names like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). The app also facilitates the direct exchange of certain cryptocurrencies, even across different blockchain networks.
It’s possible for users to purchase cryptocurrency not only by credit card, but also through services like Apple Pay and Google Pay. Furthermore, this platform collaborates with PayPal to enable crypto transactions within the approved regions.
The partnership was established a day following Ripple’s announcement of MoonPay as one of its exchange partners, which is set to occur prior to the release of Ripple’s stablecoin, RLUSD. Notably, MoonPay has recently integrated support for PayPal’s stablecoin, PYUSD, that is issued by the American digital payments corporation.
In September, the company obtained crucial approval from AUSTRAC, an Australian regulatory body. This authorization enables MoonPay to provide cryptocurrency exchange services within Australia.
Obtaining regulatory approval allows the cryptocurrency platform to integrate popular local payment options like Osko and PayID.
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2024-10-16 17:57