Kraken and MoneyGram Expand Crypto Cash-Out Access Across 100+ Countries

Kraken has partnered with MoneyGram to enable crypto users to convert digital assets into cash across more than 100 countries. Marking a major expansion of global crypto off-ramp services.

The partnership allows users to withdraw funds in local currencies through MoneyGram’s international cash pickup network, bridging the gap between digital assets and traditional finance. The service is designed to offer instant or near-instant cash access. Helping improve the real-world usability of crypto, especially in regions where banking access remains limited. Future expansion plans also include local bank deposits and cross-border remittance-style services, further integrating crypto into everyday financial systems.

The move highlights growing demand for practical crypto payment infrastructure as exchanges increasingly focus on connecting blockchain-based assets with global fiat networks. By leveraging MoneyGram’s massive payout network, Kraken is positioning itself as a key player in bringing mainstream financial utility to digital assets.

Clever Robot News Desk 6^th May 2025