The leading money transfer service, which employs an agent system where users can receive their cash transfers, said the service will be available, firstly in key remittance markets, including Kenya in Africa.
One of the things that you can do with the service include:
Get $USDC for cash
Get cash for $USDC
You get to do these without the need for any bank account or credit card, from a MoneyGram agent location.
Below are the steps on how to buy $USDC using Kenya Shillings (KES) in Kenya:
1. Open An Account on Stellar Wallet
We suggest you get yourself the Lobstr Wallet, which is the wallet introduced by the Stellar network.
It’s easily available on the Play Store.
Once you have the wallet, all you need is to simply create an account.
Login is straight forward – enter your email and a password. You will also get a seed phrase that you can use to recover your account if you lose your password.
Unlike most wallets, you also get a username that people can select when they are sending funds to you.