{"id":137442,"date":"2024-09-18T17:00:08","date_gmt":"2024-09-18T14:00:08","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137442"},"modified":"2024-09-18T13:55:43","modified_gmt":"2024-09-18T10:55:43","slug":"cex-io-announces-new-partnerships-for-enhanced-crypto-to-cash-services","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cex-io-announces-new-partnerships-for-enhanced-crypto-to-cash-services\/","title":{"rendered":"CEX.io Announces New Partnerships for Enhanced Crypto-to-Cash Services"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/blog.cex.io\/company-updates\/convert-cash-to-usdc-34747\" target=\"_blank\" rel=\"nofollow\">partnership<\/a><\/strong> will enhance CEX.io\u2019s capabilities by allowing users to convert Circle\u2019s USD Coin (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/usd-coin\/\">USDC<\/a><\/strong>) to physical cash and vice versa at MoneyGram locations.<\/p>\n<p>Joel Kosloski, CEX.io\u2019s chief information security officer and chief information officer, mentioned to Cointelegraph that the company is working to extend this service to additional countries.<\/p>\n<p>Initially, users in the European Economic Area (EEA), Africa, Latin America (LATAM), and other regions will benefit from cashing out and funding CEX.io accounts with USDC. Countries including Austria, Hungary, Ireland, Lithuania, and Poland are already included, with plans for further expansion.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/dragonfly-capital-seeks-500m-for-new-crypto-fund\/\" title=\"Dragonfly Capital Seeks $500M for New Crypto Fund\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/venture-capital-funding-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Dragonfly Capital Seeks $500M for New Crypto Fund<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The integration with Stellar will facilitate efficient conversion between digital and fiat currencies. Stellar\u2019s technology, which supports the tokenization of traditional currencies, will be instrumental in providing seamless fiat-to-USDC and USDC-to-fiat services at MoneyGram locations.<\/p>\n<p>Additionally, CEX.io recently announced a partnership to launch a euro-pegged stablecoin, EURT, on the Stellar network. This initiative, in line with the EU\u2019s Markets in Crypto-Assets Regulation (MiCA), aims to comply with the new European crypto legislation effective from July 1, with full implementation by December 30.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CEX.io, a centralized cryptocurrency exchange, has unveiled a new integration with financial services firm MoneyGram and the Stellar blockchain.<\/p>\n","protected":false},"author":3,"featured_media":21820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[71],"class_list":["post-137442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CEX.io Announces New 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