PANews reported on May 5th that, according to Fortune, cryptocurrency exchange Kraken announced a partnership with payment network MoneyGram, allowing users to directly exchange crypto assets for fiat currency at nearly 500,000 offline locations in over 100 countries worldwide. This service aims to solve the long-standing problem of "withdrawal difficulties" faced by crypto users, especially in regions with unstable banking systems or highly volatile currencies. Users can quickly convert digital assets into cash through MoneyGram locations and complete withdrawals by paying floating exchange rate fees.