Hana and MoneyGram Launch USDC-to-Cash Withdrawals Across Southeast Asia

2025-11-7 08:00

Hana, a crypto mobile application designed for daily transactions, has announced a partnership with MoneyGram to enable stablecoin-to-cash withdrawals across Southeast Asia. The partnership links the wallet of Hana with MoneyGram Ramps, which enables users to exchange USD Coin (USDC) on the Stellar blockchain to local fiat currency. This service is available at local MoneyGram outlets without having to use the full banking infrastructure.

Money just got faster: @USDC on @StellarOrg is now instant cash in Southeast Asia via @hanawallet x @MoneyGram. No banks, no stress. https://t.co/c7rR9u5y8h

— Build on Stellar (@BuildOnStellar) November 6, 2025

Through the integration, fully backed USDC is accessible immediately with Stellar blockchain network and MoneyGram cash distribution capabilities giving it the opportunity to be withdrawn in the form of local currency. This is meant to target users in markets that have high volumes of remittance and have poor access to banking services. The solution removes the use of exchange accounts or waiting time to access digital financial tools.

Hana and MoneyGram Target Cash-Dependent Remittance Users

The relocation is aimed at a market, which is projected to reach USD 100 billion and above in remittance flows by the year 2025 due to millions of individuals who will depend on money sent back home to earn an income and support their families. Nevertheless, there is still a large segment of the population that uses cash in their day-to-day activities. The partnership is expected to fill this gap by turning digital stablecoins into a viable tool of access to everyday finances.

The partnership with the infrastructure of MoneyGram is supposed to make the process easier to Hana allowing freelancers, small business owners, and families to change digital assets into cash that can be used. Hana has a platform that offers a simplified way to convert crypto-to-cash, particularly in the areas with limited stable internet connectivity, and banking infrastructure, by making Stellar the settlement layer and the low-cost provider of such functionality.

Goals: Service Usage and Plans of Expansion

It works by having the user choose the option of withdrawing USDC in the Hana app and then selecting a MoneyGram outlet in the area. The conversion does not imply any hidden charges, delays and registration of the exchange.

The long-term objectives of Hana involve the extension of this stable coin to cash functionality to other market priorities by linking to the global network of MoneyGram in more than 180 countries. Although it is currently offered in Southeast Asia, it is not yet offered in Australia because of the regulations. The collaboration is an example of an operational application of blockchain technology to assist real-life financial demands using existing cash distribution systems.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Electrify.Asia (ELEC) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: -12.14 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Äîñòóïíî / Âñåãî 0 ELEC

southeast asia hana withdrawals across moneygram usdc-to-cash

Èñòî÷íèê: blockchainreporter.net

southeast asia → Ðåçóëüòàòîâ: 126


Crypto exchange Zipmex expands to Thailand

Licensed bitcoin and crypto trading platform Zipmex, today announced its launch in Thailand with its official mobile app. The expansion comes after successful launches in Singapore, Indonesia, and Australia as the company continues to accelerate operations across Southeast Asia to fuel a rising demand for digital currency due to the recent regulation changes in the […] CryptoNinjas: Crypto exchange Zipmex expands to Thailand

2020-7-9 14:36


Ripple Helps Sentbe Increase Financial Inclusion for Migrants in Korea with More Efficient Remittances

Questioning traditions in finance is a daily mission for Korean firm Sentbe. It applied its innovative mindset to the international money transfers regularly sent across Southeast Asia by Korea’s large population of migrant workers and partnered with SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, to improve the ineffective process offered by … Continued The post Ripple Helps Sentbe Increase Financial Inclusion for Migrants in Korea with More Efficient Remittances appeared first on Ripple.

2020-3-20 21:46


Biki.com: Exchanges and Projects Are Interdependent “There is No Other Way”

29th July, Singapore, Singapore – At the CoinTime Summit 2019 held in Ho Chi Minh City, Vietnam on 25th-26th July, BiKi. com Southeast Asia CEO Ethan Ng spoke on the new role of exchanges in 2019 and the benefits of interdependency between projects and exchanges, “And we found out through our model, we literally help our […] The post Biki.

2019-7-29 08:33


The Global Blockchain Investment Summit [GBIS] is about to happen in Indonesia; Explore the transformation of Indonesia’s digital economy

In recent years, the technology and application of blockchain in Southeast Asia have developed rapidly over the past. Governments and associations around the world, as well as blockchain alliances,  are actively exploring the potential development and application prospects of blockchain technology in various fields such as governing management, commerce, finance, tourism, and agriculture.

2019-7-23 13:30


Ôîòî:

The Global Blockchain Investment Summit (GBIS) is about to happen in Indonesia. Explore the transformation of Indonesia’s digital economy.

In recent years, the technology and application of blockchain in Southeast Asia have developed rapidly over the past. Governments and associations around the world, as well as blockchain alliances are actively exploring the potential development and application prospects of blockchain technology in various fields such as governing management, commerce, finance, tourism, and agriculture.

2019-7-23 07:15


Zilliqa Teams Up With Payments Platform Xfers to Bring Blockchain Benefits to Southeast Asia

Coinspeaker Zilliqa Teams Up With Payments Platform Xfers to Bring Blockchain Benefits to Southeast AsiaPublic blockchain platform Zilliqa announced a partnership with Xfers. This will bring new innovations to Xfers’ enterprise solutions, including support for payments, regulatory compliance, a built-in digital wallet, etc.

2019-6-18 14:10


Ôîòî:

Coinbase expands cryptocurrency trading services across 11 new markets

Coinbase, one of the longest serving exchanges in the cryptocurrency ecosystem, is expanding its services across Latin America and Southeast Asia. As a result of the expansion, cryptocurrency enthusiasts in Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines, and New Zealand will now be able to access the company’s crypto-to-crypto trading services.

2019-4-17 22:00


Ôîòî:

North Korea Cryptocurrency Report Urges Southeast Asia To ‘Mitigate’ Threat

A new report into the alleged use of cryptocurrency by North Korea claims the whole of Southeast Asia is “vulnerable” to state actors. RUSI: North Korea Has ‘Gone To Extremes’ Published April 12, the report, Closing the Crypto Gap: Guidance for Countering North Korean Cryptocurrency Activity in Southeast Asia, comes courtesy of the Royal United Services Institute for Defence and Security Studies (RUSI).

2019-4-16 22:00


Ôîòî:

Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency

North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports.

2019-4-15 12:56


Easing the Pain of Growing Cross-Border Remittance Demand in Southeast Asia

A lot of people spoke about the pain of cross-border remittances at the recent Ripple Regionals event in Bangkok. One of the day’s final speakers, Paul Arriyavat, VP of Disruptive Technology Office and Chief Strategy Officer at Siam Commercial Bank (SCB), even put a number on it: $68 billion that migrant workers in Southeast Asia send … Continued The post Easing the Pain of Growing Cross-Border Remittance Demand in Southeast Asia appeared first on Ripple.

2019-4-13 01:32


Ôîòî:

Talking Payments Innovation in Southeast Asia with InstaReM’s Prajit Nanu

Based in Singapore with customers in 35 countries that pay into 50+ countries, InstaReM is at the forefront of fintech innovation in Southeast Asia. The company’s co-founder and CEO Prajit Nanu chatted with me during a recent visit to Ripple HQ in San Francisco and shared valuable insights into financial inclusion efforts in the region, … Continued The post Talking Payments Innovation in Southeast Asia with InstaReM’s Prajit Nanu appeared first on Ripple.

2019-4-4 02:52


Ôîòî:

Talking Payments Innovation in Southeast Asia with Nium’s Prajit Nanu

Based in Singapore with customers in 35 countries that pay into 50+ countries, Nium is at the forefront of fintech innovation in Southeast Asia. The company’s co-founder and CEO Prajit Nanu chatted with me during a recent visit to Ripple HQ in San Francisco and shared valuable insights into financial inclusion efforts in the region, … Continued The post Talking Payments Innovation in Southeast Asia with Nium’s Prajit Nanu appeared first on Ripple.

2020-2-16 02:52


How BOLT’s Tokenized Ecosystem Transforms Content Streaming

BOLT GLOBAL, a blockchain-based content rewards platform, recently made several partnership announcements. First, BOLT’s user access to premium sporting streams just got a boost. The International Cricket Council granted BOLT transmission rights to the 2019 Cricket World Cup for users in Southeast Asia, where Cricket reigns as the number one watched sport.

2019-3-31 10:26


Ripple Insights Puts Spotlight on Why Southeast Asia is the Cradle of Payment Innovation

The financial and payment industries have seen a large amount of development and innovation in the last several years, particularly since the crypto trend erupted in mid-2017. The trend has especially picked up in Southeast Asia, which currently holds a reputation as a cradle of innovation when it comes to payments. Kapronasia's Zennon Kapron pointed […]

2019-3-30 01:38


How BOLT’s Tokenized Ecosystem Transforms Content Streaming

BOLT GLOBAL, a blockchain-based content rewards platform, recently made several partnership announcements. First, BOLT’s user access to premium sporting streams just got a boost. The International Cricket Council granted BOLT transmission rights to the 2019 Cricket World Cup for users in Southeast Asia, where Cricket reigns as the number one watched sport.

2019-3-29 10:09


äàëüøå åùå 77 íîâîñòåé →

Ïàðòíåðû Currencies.ru



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru