Cryptocurrency payments company MoonPay has partnered with Ripple to allow customers to buy XRP directly.
MoonPay shared news of the partnership on X on October 16, saying that customers can now “buy, manage, and store” XRP (XRP) cryptocurrency directly within their MoonPay accounts.
XRP joins other popular crypto assets such as Bitcoin (BTC), Ethereum (ETH), and stablecoin Tether (USDT) that MoonPay users can buy and sell directly from the app. The app also allows customers to exchange certain cryptocurrencies, including between chains.
Users can purchase cryptocurrencies using credit cards, as well as Apple Pay and Google Pay. The platform also partners with PayPal to enable the purchase of cryptocurrencies in supported jurisdictions.
The partnership comes a day after Ripple named MoonPay as one of its exchange partners ahead of the launch of its stablecoin RLUSD. Earlier this month, MoonPay added support for PayPal USD (PYUSD), a stablecoin issued by the US-based digital payments giant.
Meanwhile, the company won key approval from Australian regulator AUSTRAC in September. This registration will enable MoonPay to offer cryptocurrency exchange services in the country.
The regulatory approval means the crypto platform has added support for local payment methods such as Osko and PayID.
