For millions of people around the world, cash is still king. In Southeast Asia, where most daily transactions still happen in cash, digital money is quickly gaining ground, especially through remittances and crypto. But moving between the two worlds has always been risky, expensive, or just plain confusing.
That changes today.
Hana is proud to announce our partnership with MoneyGram to make crypto-to-cash flows safe, simple, and instant across Southeast Asia. Through this integration, anyone can withdraw USDC, a fully reserved, USD-denominated stablecoin, and pick up cash at participating MoneyGram locations, directly from their Hana Wallet.
It’s a bridge between global digital dollars and local economies: secure, accessible, and designed for real people.
“MoneyGram has always focused on connecting people to the global economy,” said Carsten Bender, Director Web3 Growth & GTM at MoneyGram. “By connecting Hana to our global cash off-ramp for digital assets, we’re expanding access to stable, digital dollars through trusted local networks, making it easier to get cash into user hands in minutes.”
From Digital Dollars to Everyday Money
Southeast Asia is one of the world’s fastest-growing regions for crypto and remittances. Families depend on cross-border payments, freelancers work for global clients, and small businesses trade online, yet much of the region remains cash-first and underbanked.
Stablecoins like USDC change the equation. They combine the familiarity of dollars with the reach of blockchain: fast, borderless, and secure.
For people and businesses across Southeast Asia, that means:
- A fast, trusted way to turn digital dollars into cash.
- Instant access to stable value that can be held, sent, or withdrawn anytime.
- No banks or exchanges required.
- Everyday usability through Hana’s all-in-one non-custodial wallet.
“Partnerships like this prove what open networks were built for. Being able to easily turn crypto into cash enables the accessibility needed to change crypto from just an idea to an everyday utility.” said Raja Chakravorti, Chief Business Officer at the Stellar Development Foundation. “Together, Hana and MoneyGram are unlocking financial access at scale.”
Digital Dollars Out. Cash in Hand. Simple as That.
Here’s what the experience looks like:
- Open the Hana Wallet app.
- Choose a nearby MoneyGram location.
- Pick up cash. Your USDC is instantly converted to local currency.
- Use it your way. Hold, swap, or withdraw again when needed.
It’s money that moves at the speed of the internet, but still works in cash when you want it to.
The Bigger Story: Stablecoins and Financial Inclusion
Around the world, billions of people still live in cash-first economies. Remittances arrive through costly intermediaries, savings erode in unstable currencies, and everyday financial tools remain out of reach. For many families, small businesses, and freelancers, the global financial system doesn’t feel designed for them.
Stablecoins are starting to change that. By combining the stability of the U.S. dollar with the speed and reach of blockchain networks, stablecoins like USDC are becoming a powerful new form of digital money. They give people in emerging markets the ability to:
- Save in dollars, not in inflating local currencies.
- Receive cross-border payments instantly, without weeks of delays.
- Access the global economy, even without a bank account.
But on their own, stablecoins don’t solve the full picture. People still need a safe way to move between digital dollars and cash, and they need tools that make it usable in everyday life. That’s where this partnership comes in.
MoneyGram brings the global cash network, trusted by millions.
Stellar delivers the settlement rails that connects global digital dollars to local currencies.
And Hana ties it all together in a clean, non-custodial wallet where users can hold, swap, and cash out with confidence.
Together, they form a bridge: from digital dollars in a wallet to cash in hand, and eventually, to everyday financial freedom. For the people who need it most, from families relying on remittances in Southeast Asia to freelancers building their livelihoods online, it’s not just technology. It’s opportunity.
Building the Future of Everyday Money
We’re starting in Southeast Asia, where the need is clear: a cash-first economy, a massive remittance market, and one of the highest rates of grassroots crypto adoption in the world. But this is just the beginning. Over time, Hana and MoneyGram will expand this service to additional APAC and emerging markets, unlocking financial access for millions more people.
Download the Hana app to see how easy it is to move from digital dollars to cash in hand.