CiNKO Integrates with Global Crypto-to-Cash Service Powered by MoneyGram and Stellar
As a Stellar-enabled digital wallet, CiNKO now provides its users with the capability to seamlessly transition between cash and cryptocurrency for cross-border transactions
(San Jose, Costa Rica – December 5, 2023) – CiNKO, the global, digital payments wallet, today announced an integration with the first-of-its-kind global crypto-to-cash / cash-to-crypto on and off-ramp service for digital wallets launched by MoneyGram, a leading global financial technology company that connects the world's communities, and the Stellar Development Foundation (SDF), a non-profit organization that supports the development and growth of the Stellar network. This expansion is another step toward bridging the gap between physical and digital currencies in a way that has not been done before at scale.
This integration aims to provide CiNKO users with a seamless, safe, and efficient solution for cross-border transactions, further enhancing the digital wallet's capabilities. Powered by the leading Stellar blockchain and MoneyGram's vast global retail network, CiNKO users can load their digital wallets to access the digital economy, or cash-out their digital currencies to increase the utility of their holdings. “By integrating with MoneyGram's extensive global network, CiNKO users will now have access to an even wider range of international money transfer options, making sending and receiving funds across borders more convenient and affordable than ever before. This falls firmly in line with our mandate to democratize access to money for the underserved,” says Richard Douglas, Co-founder and CEO of CiNKO.
Learn more here.
The CiNKO platform is currently available in the Google Play store and Apple App store.
As PayPal USD (PYUSD) continues its path toward global adoption and growth, we are excited to feature another Paxos partner, CiNKO, which is revolutionizing access to money and accelerating the adoption of digital financial services.