• Dapps: 16.23K
  • Blockchains: 78
  • Active users: 66.47M
  • 30d volume: $303.26B
  • 30d transactions: $879.24M

MoonPay-Ripple Integration: A New Step Towards Simplifying Cryptocurrency Access

by

2 hours ago

MoonPay has announced a partnership with Ripple, allowing users to buy, manage, and store XRP through the MoonPay app. This is accompanied by the launch of a new stablecoin, RLUSD. MoonPay's primary goal is to simplify cryptocurrency use.

New Partnership between MoonPay and Ripple

MoonPay, in collaboration with Ripple, has integrated the ability to buy, store, and manage XRP directly within the MoonPay app. This partnership also marked the launch of RLUSD, a dollar-pegged stablecoin developed by Ripple Labs. MoonPay wrote on X: 'In partnership with @Ripple, you can now buy, store, and manage your $XRP directly within your MoonPay account. Whether you're new or loyal, welcome home.'

Innovations for User Simplicity

MoonPay CEO Ivan Soto-Wright emphasized in an interview the company's commitment to making crypto adoption easier by reducing onboarding friction. The main goal is to make crypto wallets as accessible and user-friendly as traditional bank accounts. MoonPay offers a 'one-tap' process for returning clients who have completed the KYC process.

We strive to make user experience as simple and trustworthy as PayPal in its early days.Ivan Soto-Wright

MoonPay's Achievements in 2024

Ivan Soto-Wright stated that 2024 has been a breakthrough year for MoonPay's product development. 'We essentially revamped all our existing products, rebuilding them from scratch to ensure a top-notch user experience,' he explained. The goal is to create an interface similar to Apple Pay, intuitive and seamless.

The partnership between MoonPay and Ripple plays a key role in advancing the crypto industry, making it more accessible and convenient. It is an important step towards wider adoption of cryptocurrencies.

0

Share

Other news

JPMorgan and Bank of America Forecast Further Fed Rate Cuts

Major US banks expect the Fed to continue rate cuts amidst economic trends and strong labor market.

7 minutes ago

Hermetica Enhances Bitcoin-Backed USDh Stablecoin with $1.7M Investment

Hermetica announces $1.7M raised for USDh, a stablecoin for the Bitcoin ecosystem, offering stability without fiat conversion.

9 minutes ago

DOGEN: A Promising Meme Token in the Crypto Market

DOGEN is gaining traction among meme tokens with potential for significant growth.

9 minutes ago

New $0.0006 Token Draws Attention from Meme Coin Investors

A new token priced at $0.0006 is drawing interest among meme coin investors, raising questions about what drives this attention.

9 minutes ago

South Park: The Fractured but Whole Now Available on Xbox Game Pass

South Park: The Fractured but Whole joins Xbox Game Pass as the fourth new title this month and 118th addition this year.

10 minutes ago

The Future of Online Strategy: Heroes of Holdem and NFT Innovations

Heroes of Holdem: A groundbreaking fusion of NFT, medieval fantasy, and strategy in Heroes Mobile LTD's new game.

10 minutes ago

dapp expert logo
© 2020. DappExpert. All rights reserved.
© 2020. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.