MoonPay, a cryptocurrency payments company, collaborates with Ripple to enable its clients to make direct XRP purchases
On October 16, MoonPay announced the collaboration on X, stating that its users can now “purchase, handle, and keep” the XRP coin directly from their MoonPay accounts.
XRP has joined the well-known cryptocurrency assets that MoonPay customers may purchase and sell straight from the app. These assets include the stablecoin Tether, Ethereum, and Bitcoin. Customers can swap some cryptocurrencies, including across chains, using the app.
Users can use Apple Pay and Google Pay in addition to credit cards to purchase cryptocurrency. To facilitate cryptocurrency purchases in approved areas, the platform also partners with PayPal.
The partnership was announced the day before Ripple announced MoonPay as one of its exchange partners before the stablecoin RLUSD debut. Earlier this month, MoonPay launched support for PayPal USD (PYUSD), the stablecoin that the massive U.S. digital payments company issues.
Meanwhile, in September, the Australian regulator AUSTRAC granted the corporation significant approval. MoonPay can provide cryptocurrency exchange services in the nation thanks to registration.
Thanks to regulatory approval, the crypto platform now supports local payment methods, including Osko and PayID.
