How to Withdraw Cash from USDC at MoneyGram using the Decaf Wallet

Decaf
3 min readMar 29, 2023

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?

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

MoneyGram Access in the Decaf Wallet is available in 184 countries and more than 350k locations! Here is the list of supported countries.

This is the Green Card that is the Stellar “Cash Account”. Transfer to get USDC to your cash card from your Solana Wallet (Spending card), then click Withdraw to get cash at MoneyGram, and Buy to get USDC paying with cash at MoneyGram.

How to withdraw your USDC with cash

  1. Open your Decaf Wallet app and click “Withdraw” on your Cash Account (transfer USDC to your cash card from your spending by clicking the “Transfer” button).
  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 Cash from your USDC using the Decaf Wallet

One of the great things about withdrawing cash from your USDC at MoneyGram locations using your Decaf Wallet is that it is instant, you don’t need a bank, and has no fees! This makes it an incredibly convenient and cost-effective way to withdraw cash from your crypto funds whenever you need them. Wherever you need them!

Here are some real users in Colombia & Mexico getting cash out with the Decaf Wallet:

Showing the full flow for USDC to COP cash in Colombia (Bancolombia & Davidienda are MoneyGram locations)

In Colombia, you can also withdraw directly to a bank account via a phone call (you don’t even need to visit the location). Here is how.

Here are users in Mexico withdrawing cash at Oxxo (other MoneyGram locations include — Chedraui, Walmart, Farmarcia Guadalajara, Electra/Banco Azoteca, and many more).

Cashing out at Oxxo in Guadalajara, Mexico.

Here is a thread with many users cashing out in Sierra Leone where international bank transfers can be near impossible.

These are many users in Sierra Leone cashing out their USDC

Users from these regions can also use MoneyGram to get cash in any country they are in while they travel. Laura uses it to save huge on ATM and FX fees as she works remotely.

In conclusion, Decaf Wallet continues to innovate and provide new ways for people to use crypto in their daily lives. With the ability to withdraw cash at MoneyGram locations, Decaf Wallet has made it even easier to access your funds when you need them. Try it out today and see for yourself how easy it is!

If you want to learn how to buy USDC with Cash at MoneyGram, read more here: Buy USDC with cash at MoneyGram — Decaf Wallet

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Decaf

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