Crypto Operators Keep Chipping Away at a Merchant Acceptance Barrier – Digital Transactions
Cryptocurrency remains far from mainstream payments, but it keeps edging closer in the United States and worldwide. Further evidence emerged early Friday with news that the money-transfer platform MoneyGram International Inc. has launched MoneyGram Ramps, an application programming interface aimed at easing crypto-based transfers.
Simultaneously, a crypto app called Bitget Wallet announced merchants will be able to accept stablecoin transactions through a new integration by the company with Paydify, a payment gateway specializing in cryptocurrency.
Stablecoins are digital currency whose value is tied to a national fiat currency, such as the U.S. dollar. The new MoneyGram service relies on the USDC coin from…
