Arculus — a hardware wallet made by payments and Crypto.com card issuer CompoSecure — was the first to add integration with MoneyGram Access. This new collaboration positions Arculus as the very first hardware wallet partner on-boarded to the MoneyGram Access platform. Now users can conveniently turn physical cash into digital currency! This integration enables people to buy and sell Cash USDC in person at MoneyGram locations.

You can now cash out in the local currency at more than 440,000 MoneyGram retail locations. This integration with MoneyGram Access accelerates access in over 200 countries and territories. Our partner Arculus makes it easy to tokenize and exchange all forms of value, driving global financial interoperability.

Arculus recently received a grant from the Stellar Development Foundation (SDF). This funding will allow them to onboard payments that come from self-custody crypto wallets directly into traditional payment systems via smart contracts. Arculus, which is based on the Stellar network, is supported by the SDF. Its mission is to make digital currencies more accessible and useful.

“This integration enables people to convert physical cash into digital dollars on the highly performant Stellar blockchain and store those digital dollars securely, giving them complete autonomy and control over their assets.” - Adam Lowe, CompoSecure and Arculus chief product and innovation officer

The partnership with Arculus supports the removal of barriers, allowing for access to digital currencies.

“At MoneyGram, our vision is to create a world where everyone can thrive without financial borders, creating a future of shared prosperity and opportunities. With MoneyGram Access, we are breaking down barriers by making digital currencies more accessible to everyone—including the hundreds of millions globally who rely on cash.” - Jon Lira, MoneyGram Access general manager and partnerships head