TruBit Partners with MoneyGram to Launch Their Global On/Off-Ramp Service in LATAM

TruBit has partnered with MoneyGram and the Stellar Development Foundation to enhance their on/off-ramp services across Latin America. With Stellar’s blockchain technology, the partnership aims to tackle financial inclusion barriers by integrating MoneyGram’s cash network with digital wallets. Users can easily convert cash to USDC at MoneyGram locations in over 35 countries, significantly facilitating cross-border transactions in regions like Mexico and Argentina. By utilizing Stellar’s efficient blockchain and MoneyGram’s network, the service provides reliable and cost-effective solutions for financial operations. This collaboration underscores the significant remittance flow within LATAM, demonstrating the potential for blockchain technology to bridge the gap between traditional cash systems and the digital economy. TruBit’s mission is to drive financial inclusion by offering a secure, user-friendly service that enhances accessibility to the digital economy.