MoonPay announced on October 16 on Social Media X that its customers can now “buy, manage, and store” XRP cryptocurrency directly in their MoonPay accounts. XRP joins other popular crypto assets that MoonPay users can buy and sell directly from the app, including Bitcoin, Ethereum, and the stablecoin Tether. The app also allows customers to exchange certain cryptocurrencies, including across chains.
Users can buy cryptocurrency using credit cards, as well as Apple Pay and Google Pay. The platform has partnered with PayPal to allow cryptocurrency purchases in supported jurisdictions. The partnership comes a day after Ripple named MoonPay as one of its exchange partners ahead of the company’s launch of the RLUSD stablecoin.
Earlier this month, MoonPay added support for PayPal USD (PYUSD), a stablecoin issued by the American digital payments giant. In September, the company received a key approval from Australian regulator AUSTRAC. The registration allows MoonPay to offer cryptocurrency exchange services in the country. The regulatory approval means that the crypto platform has added support for local payment methods such as Osko and PayID.
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