Binance.US Partners with MoonPay to Enable Direct USDT Purchases with U.S. Dollars
Summary:
Binance.US has partnered with MoonPay to enable users to buy Tether (USDT) with U.S. dollars, allowing for easier cryptocurrency transactions on the platform. This collaboration comes after Binance.US faced challenges with its banking partners and halted fiat deposits. The new partnership offers users an alternative way to fund their accounts using debit and credit cards, Apple Pay, and Google Pay.
Binance.US has formed a partnership with crypto payments firm MoonPay to allow users to purchase the stablecoin Tether (USDT) using U.S. dollars on its platform. This partnership comes after Binance.US faced challenges with its banking partners, resulting in a halt on fiat deposits. However, customers can now exchange dollars for USDT, which can be used to buy other cryptocurrencies on the platform. While direct bank deposits are still disabled, the collaboration with MoonPay enables users to make purchases using debit and credit cards, as well as Apple Pay and Google Pay.
Published At
8/23/2023 2:52:56 AM
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