Hana, a crypto mobile application designed for everyday transactions, has announced a partnership with MoneyGram to enable stablecoin-to-cash withdrawals across Southeast Asia. The partnership will link hana’s wallet and MoneyGram Ramps, allowing users to exchange USD Coin (USDC) on the Stellar blockchain to local fiat currencies. This service is available at your local MoneyGram store without the need for full banking infrastructure.
Money is now even faster: @USDC on @StellarOrg can now be turned into instant cash in Southeast Asia via @hanawallet x @MoneyGram. No need for banks and no stress. https://t.co/c7rR9u5y8h
— Build on Stellar (@BuildOnStellar) November 6, 2025
With the integration, your fully backed USDC will be instantly accessible using the Stellar blockchain network and MoneyGram cash distribution feature, giving you the opportunity to withdraw it in the form of local currency. It aims to target users in markets with high volumes of remittances and poor access to banking services. This solution eliminates the need for exchange accounts and waiting times to access digital financial tools.
Hana and MoneyGram target cash-dependent remittance users
The transfer targets a market where remittances are expected to reach more than US$100 billion by 2025, as millions of individuals rely on remittances to earn an income and support their families. Despite this, there is still a large portion of the population that uses cash in their daily lives. This partnership is expected to bridge this gap by turning digital stablecoins into a viable tool for accessing everyday finances.
By partnering with MoneyGram’s infrastructure, Hana is expected to ease the process of enabling freelancers, small business owners, and families to convert their digital assets into usable cash. Hana has a platform that provides a simplified way to convert cryptocurrencies into cash, especially in regions where stable internet connectivity and banking infrastructure are limited, making Stellar a low-cost provider of payments layers and such functionality.
Goal: Service usage and expansion plans
This works by users selecting the option to withdraw USDC in the Hana app and selecting a MoneyGram outlet in that area. This conversion does not imply any hidden fees, delays or exchange registrations.
Hana’s long-term goals include extending the stable coin’s cash-out capabilities to other market priorities by linking to MoneyGram’s global network in over 180 countries. Currently available in Southeast Asia, but not yet in Australia due to regulations. This collaboration is an example of the operational application of blockchain technology to support real-world financial needs using existing cash distribution systems.
