MoneyGram officially announced that it plans to launch a non-custodial crypto wallet.
It did so with a press release stating that the launch is planned for the first quarter of next year.
MoneyGram and the new crypto wallet
MoneyGram International is a well-known American company specializing in international peer-to-peer money transfers.
It was founded 1998 with the merger of two companies, Travellers Express and Integrated Payment Systems.
It is headquartered in Dallas, Texas, and has a turnover of nearly $1 billion.
With 2,300 direct employees, and 347,000 offices worldwide, it is among the largest providers of cross-border money transfer services, so much so that it operates in 200 countries.
It has also entered the crypto sector for years now, thanks to a partnership with Ripple that was initiated as far back as 2019, and then ended after Ripple’s legal troubles with the SEC.
It later partnered with Stellar, Ripple’s decentralized rival, and since 2021 has been al
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