MoonPay has partnered with Ripple to enable in-app XRP buying, storage, and management, aiming to simplify crypto adoption. CEO Ivan Soto-Wright emphasized making crypto wallets as accessible and user-friendly as traditional bank accounts.
MoonPay just revealed a partnership with Ripple. With this partnership, MoonPay app users will be able to buy, manage, and store XRP directly.
Ripple’s dollar-pegged stablecoin, RLUSD, was created by Ripple Labs in partnership with platforms such as Uphold, Bitstamp, Bitso, Independent Reserve, CoinMENA, and Bullish. This integration also marks the start of RLUSD.
MoonPay said on X, “Thanks to our partnership with @Ripple, you can now buy, store, and manage your $XRP right in your MoonPay account.” Welcome home, whether you’re a new soldier or an old one.
In an interview with The Paul Barron Network, MoonPay CEO Ivan Soto-Wright talked about how the company wants to make crypto adoption easier by making it easier for new users to sign up.
The main goal is to make crypto wallets as easy to get to and use as regular bank accounts. MoonPay wants to make things as easy as possible for its users by letting them add money to their wallets quickly and easily.
MoonPay has come up with a “one-tap” process that is great for regular customers who have already gone through the Know Your Customer (KYC) process. Onboarding may include beginning steps like Know Your Customer (KYC) and biometric ID verification, but this process makes future transactions easier.
Soto-Wright says this method is like the early days of PayPal, which were hard at first but eventually became a very trusted platform. MoonPay’s streamlined experience aims to bring the same level of trust and ease to the crypto environment, getting it ready for wider use by 2025.
He also said that 2024 was a big year for MoonPay’s product growth. “To make sure the best possible user experience, we basically rebuilt all of our existing products from scratch,” he said. The goal was to make an interface that worked well and didn’t show any problems, like Apple Pay. This would make the app easy to use and free of bugs.
