VALR and MoonPay partner to make crypto more accessible in 180 countries
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Summary
South African crypto exchange VALR and global crypto payments firm MoonPay have joined forces with the aim of making crypto more accessible in 180 countries, streamlining fiat on- and off-ramps for users.
As part of the deal, South African exchange VALR will now support a total of 34 fiat currencies, including currencies from Kenya, Nigeria, Brazil, Turkey and Taiwan.
The deal is another step towards global crypto adoption and towards a more inclusive financial system, said Farzam Ehsani, CEO of VALR.
Ivan Soto-Wright, CEO of MoonPay, said the partnership would broaden access to stablecoins and other tokens, providing a step towards the companies’ “shared mission of global crypto adoption”.