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.

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.