CompoSecure Integrates Arculus with MoneyGram: Becomes First Hardware Wallet to Provide Global Cash In/Cash Out Through Stellar

Quick Summary:

Arculus is the first hardware wallet to integrate with MoneyGram Access, enabling consumers to seamlessly convert physical cash into Circle USD Coin (USDC) on the Stellar blockchain and securely manage their digital dollars in the self-custody Arculus Cold Storage Wallet.

"This integration enables people to convert physical cash into digital dollars on the highly performant Stellar blockchain and store those digital dollars securely, giving them complete autonomy and control over their assets.” Stellar’s architecture allows users to tokenize and trade virtually any form of value, including currencies from US dollars to euros, acting as a bridge between financial systems and enabling global interoperability.

SOMERSET, N.J., April 21, 2025 (GLOBE NEWSWIRE) -- CompoSecure, Inc.(Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access™, which enables users to add and withdraw USDC in cash at participating MoneyGram locations.

Read Quick SummarySave Time

or

Article Details

Author / Journalist: CompoSecure, Inc.

Category: Technology

Markets: China

Topics: US20459V1052 Nasdaq:CMPO

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 12:30:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 774 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28098172

View Article Analysis

About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 62 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

Publisher Details

Frequently Asked Questions