PANews reported on May 3 that according to PRNewswire, payment giant MoneyGram announced the launch of MoneyGram Ramps, a compliant cryptocurrency application programming interface service for developers, which aims to simplify the connection between cash and cryptocurrency, allowing wallets, exchanges and fintech applications to access the MoneyGram global cash network to embed cryptocurrency deposit and withdrawal functions. It is reported that the service is supported by the Stellar blockchain and Circle's US dollar stablecoin USDC.