The integration with MoonPay will provide Venmo’s users with a seamless and secure way to purchase cryptocurrency, making it more accessible to the masses.
It is expected to be rolled out across MoonPay’s partner network soon.
This development is significant for Venmo users who want to buy cryptocurrency but could not do so directly through the app previously.
Venmo users in the United States can now purchase cryptocurrency using MoonPay, a Web3 payment infrastructure company, according to BlockBeats news. The integration allows users to buy tokens using their Venmo balance, and the feature is already available.