VALR and MoonPay Forge Strategic Alliance to Enhance Global Crypto Accessibility

VALR and MoonPay Collaborate to Expand Crypto Access Across 180 Countries

VALR, Africa’s leading cryptocurrency exchange by trade volume, has partnered with MoonPay, a global crypto payments firm, to enhance cryptocurrency accessibility in over 180 countries. This integration enables VALR to support 34 fiat currencies, including the Kenyan Shilling (KES), Nigerian Naira (NGN), Indonesian Rupiah (IDR), Turkish Lira (TRY), Brazilian Real (BRL), and Taiwan Dollar (TWD), facilitating seamless fiat-to-crypto transactions. Users can now purchase cryptocurrencies using various payment methods such as credit and debit cards, Apple Pay, Google Pay, PayPal, and Venmo.

The collaboration aligns with VALR’s mission to provide efficient access to cryptocurrencies, empowering users worldwide to participate in the digital economy. Farzam Ehsani, CEO of VALR, emphasized that this partnership strengthens their vision of building a financial system that reflects the oneness of humanity. Ivan Soto-Wright, CEO of MoonPay, echoed this sentiment, stating that the integration is an exciting step toward broadening access to stablecoins and other tokens, thereby empowering users in Africa and beyond to hold value on-chain.

Enhancing Crypto Accessibility in Inflation-Affected Regions

The integration between VALR and MoonPay is particularly impactful for users in emerging markets facing inflation and currency instability. Countries such as Nigeria, Argentina, and Turkey have experienced double-digit inflation and currency devaluation in recent years, prompting individuals and businesses to turn to dollar-pegged digital assets as a hedge. By enabling local currency transactions, this partnership simplifies global crypto entry for users in these regions, providing them with a stable alternative to volatile fiat currencies.

VALR’s platform offers a comprehensive suite of crypto services, including spot trading, futures, staking, lending, and OTC trading. With a user base exceeding 1.3 million and over 1,300 corporate and institutional clients, VALR continues to develop a more inclusive global financial system. The integration with MoonPay enhances VALR’s global footprint, making cryptocurrencies more accessible to users.