MoonPay partners with Ripple to bring XRP to customers

Crypto payments firm MoonPay is partnering with Ripple to bring direct XRP purchases to its customers.

MoonPay shared news of the partnership on X on Oct. 16, noting that its customers can now “buy, manage and store” the XRP (XRP) cryptocurrency right within their MoonPay accounts.

XRP joins other popular crypto assets that MoonPay users can buy and sell directly from the app, including Bitcoin (BTC), Ethereum (ETH) and the stablecoin Tether (USDT). The app also allows customers to swap certain cryptocurrencies, including across chains.

Users can buy crypto using credit cards as well as Apple Pay and Google Pay. The platform also partners with PayPal to allow crypto purchases in supported jurisdictions.  

The collaboration comes a day after Ripple named MoonPay as one of the exchange partners ahead of the company’s launch of the stablecoin RLUSD.  Earlier this month, MoonPay added support for PayPal USD (PYUSD), the stablecoin issued by the U.S.-based digital payments giant.

Meanwhile, the company secured a key approval from Australian regulator AUSTRAC in September. The registration allows MoonPay to offer crypto exchange services in the country.

Regulatory approval means the crypto platform added support for local payment methods such as Osko and PayID.