How to buy and sell USDC for cash in Decaf

Decaf
3 min readApr 13, 2023

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You can now own digital dollars and redeem for cash in MoneyGram’s 300k locations in 175 countries! All with the Decaf Wallet.

Decaf x Money = USDC <> Cash globally

Decaf has revolutionized the way we use crypto in our daily lives. With Decaf Wallet, you can send, receive, and invest crypto and stablecoins easily and securely.

But did you know that you can now withdraw cash from your USDC at MoneyGram locations near you?

The Stellar MoneyGram Access is available in 175+ countries and more than 300k locations! Here is the list of supported countries.

Countries Cash In and Cash Out services are available:

There are now 38 countries where you can buy USDC with cash at MoneyGram!

Countries where Cash Out services are available (184 in total):

There are 184 countries where you can withdraw cash (local currency) from USDC!

How do you use MoneyGram Access™ with the Decaf Wallet?

How to withdraw your USDC with cash

  1. Open your Decaf Wallet app and click “Withdraw” on your Cash Account.
  2. Select “Withdraw cash at MoneyGram” as your withdrawal method. Enter your country location and the amount of USDC you wish to withdraw.
  3. Confirm the transaction details and submit to send the USDC to MoneyGram.
  4. You will be assigned a reference number from Decaf Wallet.
  5. Go to the designated MoneyGram location and provide your ID and reference number to pick up your cash.
How to withdraw USDC from your USDC

For the full list of all 175+ countries click here

Buying USDC with cash

Did you know you can buy USDC with cash at MoneyGram locations in the US using the Decaf Wallet? There are 0 fees, so $1 cash = 1 USDC.

Here’s how to buy USDC with cash at MoneyGram:

  1. Select “Buy USDC with MoneyGram”.
  2. Enter the cash deposit amount and select the location along with your personal details and ID info.
  3. Once at MoneyGram, show your ID and give your cash, and in just a few minutes, you will see the USDC in your green card (Cash Account)!
Buying USDC at a CVS pharmacy in Austin, Texas

But that’s not all. If you prefer to pay with a bank or card, you can also buy USDC within the Decaf Wallet.

Bank and Card Options

Additionally, we have the option for buying USDC with Bank or card within the Decaf Wallet. In the next month we will have off ramps to bank accounts in Mexico, Nigeria, and in a couple of months we will have off ramps globally.

Our goal is to make it cheaper and faster to send money with Blockchain than it is to use traditional services such as Wise.

If you want to learn more about the Decaf Wallet read our full press release here

Your money. Anywhere.

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Decaf

Non-custodial wallet on Solana and Stellar with innovative ramps, real world investments, and free sending and exchanging.