MoneyGram and Kraken: The Global "Crypto-to-Cash" Bridge Is Finally Live

On May 5, 2026, that barrier was largely demolished as Kraken and MoneyGram announced a massive strategic partnership to enable crypto-to-cash withdrawals at a global scale.

This deal allows millions of Kraken users to walk into physical MoneyGram locations in over 100 countries and instantly convert their digital holdings into hundreds of different fiat currencies.

This isn't just another minor integration; it is the final piece of the puzzle for global crypto utility. By leveraging MoneyGram’s extensive physical network, Kraken is effectively bypassing the slow, often hostile traditional banking rails that have historically made moving money from a digital wallet to a physical pocket a multi-day ordeal. Whether it's a freelancer in Manila or a traveler in Madrid, users can now treat their Kraken app like a global ATM.

"True financial inclusion happens when digital value meets everyday life," said Anthony Soohoo, MoneyGram CEO.

The partnership arrives as the GENIUS Act provides newfound regulatory clarity for stablecoin-to-fiat transactions in the U.S., making this the perfect storm for mass adoption.

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