Hana and MoneyGram Partner: USDC on Stellar Brings Instant Cash Access to Southeast Asia
Hana’s Breakthrough: Bridging Digital Dollars to Real Cash in Southeast Asia
Hana, the innovative digital finance app, has partnered with MoneyGram to revolutionize stablecoin-to-cash conversions in Southeast Asia. Launched on November 5, 2025, this collaboration integrates MoneyGram Ramps into Hana’s platform. Users can now withdraw USDC on the Stellar ($XLM) network and pick up cash at thousands of MoneyGram locations. For beginners, USDC is a dollar-pegged stablecoin. It stays steady at $1. Hana’s wallet makes it easy. No exchanges needed. As Hana co-founder Daniel Shin said, “We built Hana to make crypto feel like everyday money.” This service hits key markets like the Philippines, Indonesia, and Vietnam. Millions gain access. Digital dollars turn into local cash instantly.
How It Works: Simple, Secure, and Instant Withdrawals
Moreover, the process is straightforward. Open the Hana Wallet app. Select “Withdraw USDC.” Choose a nearby MoneyGram spot. Enter the amount. Confirm. Cash is ready for pickup. No waiting. No hidden fees. Transactions settle via Stellar in seconds. Fees? Near-zero. Specifically, this uses Stellar’s fast, low-cost network. It handles 1,000+ transactions per second. USDC on Stellar is fully backed. It’s regulated by Circle. As Raja Chakravorti, Stellar’s CBO, noted, “Partnerships like this make crypto practical. Hana and MoneyGram unlock financial access at scale.” Additionally, it supports freelancers, families, and small businesses. They convert holdings to cash easily. Thus, in a region with $100B+ remittances yearly, it’s a game-changer.
The Partnership Power: MoneyGram’s Network Meets Stellar’s Speed
Furthermore, MoneyGram’s 400,000+ global locations shine here. Southeast Asia gets instant fiat ramps. Stellar’s blockchain ensures security. It processes billions quarterly. No downtime. For example, a user in Manila sends $200 USDC. They pick up PHP at a local agent. Fees drop 80% vs. wires. As MoneyGram’s Alex Holmes said, “We bridge crypto and fiat seamlessly.” This builds on their 2021 Stellar tie-up. It now scales regionally. Hana’s app simplifies everything. No KYC hassles for small amounts. As a result, adoption grows. Early metrics? 10,000+ withdrawals in week one. Users praise the ease.
Real Impact: Financial Inclusion for Millions in Southeast Asia
In addition, this empowers underserved communities. Southeast Asia has 670 million people. 40%+ are unbanked. Hana + MoneyGram fixes that. Digital dollars become spendable cash. Remittances? Faster. Businesses? Simple payouts. As CoinDesk reports, Stellar handled $4.2B in volumes Q3 2025. This adds momentum. For $XLM holders, demand rises. More USDC flows mean network fees in Lumens. XLM hit $0.34 post-news. Up 4%. Hence, even retail users win. They hold USDC safely. Swap to cash anytime.
A Connected Future: Crypto as Everyday Money
In short, Hana and MoneyGram’s partnership isn’t hype. It’s access. USDC on Stellar turns digital into dollars. Millions benefit. Platforms like Lumexo trade $XLM with low fees. As Q4 2025 ramps up, watch volumes soar. Blockchain is here. It’s simple. It’s for everyone.