The Odinix Group has announced a strategic integration between its non-custodial digital wallet, OwlPay Wallet Pro, and MoneyGram — a leading U.S.-based international money transfer provider. This collaboration enhances the wallet’s bankless on-ramp and off-ramp capabilities, enabling seamless conversion between fiat currencies and USDC, a major U.S. dollar-pegged stablecoin.
This integration empowers OwlPay Wallet Pro users to deposit local fiat currency at over 50,000 MoneyGram agent locations across more than 30 countries and instantly convert it into USDC. Conversely, users can redeem their USDC for fiat cash at more than 375,000 MoneyGram locations in over 170 countries worldwide. In tandem with this launch, OwlPay Wallet Pro has rolled out a significant upgrade: all personal wallets are now fully non-custodial, giving users complete control over their private keys and digital assets.
👉 Discover how decentralized finance is reshaping global remittances
Bridging Traditional Finance and Digital Assets
The global remittance market continues to face persistent challenges — high fees, slow processing times, and limited financial access for underserved populations. Despite progress by traditional providers like MoneyGram, which has reduced average transfer fees to under 3% for certain corridors (aligning with the UN’s Sustainable Development Goal 10.c), the World Bank estimates that the global average cost of sending $200 remains as high as 6.65%.
Odinix aims to disrupt this landscape by combining blockchain efficiency with real-world financial infrastructure. By leveraging USDC’s price stability and instant settlement, the company offers a faster, more affordable alternative to conventional cross-border payments.
“We’ve seen rapidly evolving demand from both businesses and migrant workers who need reliable, low-cost ways to send money home,” said Jack Wang, Founder and CEO of Odinix. “Our integration with MoneyGram allows us to scale our vision while strengthening financial resilience in underbanked regions like Latin America and Africa. With USDC, users can hedge against local currency volatility and preserve the value of their hard-earned income.”
Expanding Financial Inclusion Through Stablecoins
Stablecoins like USDC play a critical role in bridging the gap between digital assets and everyday financial needs. Unlike volatile cryptocurrencies such as Bitcoin or Ethereum, USDC maintains a 1:1 peg to the U.S. dollar, making it ideal for cross-border value transfer, especially in economies with high inflation or unstable national currencies.
For recipients in emerging markets, receiving funds in USDC offers multiple advantages:
- Inflation protection: Hold value without immediate conversion to depreciating local currency.
- Flexible access: Convert to cash anytime via MoneyGram’s vast physical network.
- Direct peer-to-peer transfers: Eliminate intermediaries and reduce dependency on traditional banking systems.
This model is particularly transformative for migrant workers — an estimated 200 million people globally who send over $800 billion annually in remittances. By removing the need for bank accounts on either end, OwlPay Wallet Pro democratizes access to secure digital finance.
Jon Lira, Global Partnerships Director at MoneyGram, emphasized the synergy between the two companies:
“Odinix’s innovative approach to digital payments aligns perfectly with our mission of borderless, accessible financial services. Since launching MoneyGram Access in June 2022, we’ve seen strong adoption in key markets like Ukraine and Colombia. We believe this partnership will accelerate OwlPay Wallet Pro’s growth and make it an essential tool in people’s daily lives.”
Market Potential and Future Outlook
According to independent industry research, the global stablecoin remittance market was valued at $50 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2033. This growth is driven by rising demand for fast, low-cost, and transparent cross-border payment solutions — especially in regions where traditional banking infrastructure is limited.
OwlPay Wallet Pro is already available on both iOS and Android platforms in major markets including the United States, enabling seamless fiat-to-USDC conversions. As regulatory frameworks evolve and digital asset adoption increases, Odinix plans to expand its services to additional corridors and introduce new features such as bill payments, micro-investments, and merchant payments using USDC.
👉 See how blockchain-powered remittances are lowering costs worldwide
Frequently Asked Questions (FAQ)
Q: What is a non-custodial wallet?
A: A non-custodial wallet gives users full control over their private keys and funds. Unlike custodial wallets (where a third party holds the keys), non-custodial wallets ensure that only the user can access and manage their assets — enhancing security and decentralization.
Q: How does USDC differ from other cryptocurrencies?
A: USDC is a stablecoin pegged 1:1 to the U.S. dollar. It combines the speed and accessibility of blockchain technology with the price stability of fiat currency, making it ideal for payments, remittances, and value storage without exposure to crypto market volatility.
Q: Can anyone use OwlPay Wallet Pro?
A: Yes, OwlPay Wallet Pro is available globally on iOS and Android. Users do not need a bank account to send or receive USDC. However, local regulations may affect access to certain features like fiat on-ramps via MoneyGram.
Q: Is there a fee for converting fiat to USDC or vice versa?
A: While OwlPay Wallet Pro does not charge conversion fees, MoneyGram may apply standard transaction fees based on location, amount, and service type. These fees are typically lower than traditional wire transfers or credit card-based remittance services.
Q: How fast are transactions with OwlPay Wallet Pro?
A: USDC transfers occur on blockchain networks (like Ethereum or Solana) and are typically settled within seconds to minutes. Fiat deposits and cash pickups via MoneyGram are generally available within minutes after processing.
Q: Is my money safe using a digital wallet like OwlPay?
A: OwlPay Wallet Pro uses advanced encryption and non-custodial architecture to protect user funds. Since users control their private keys, there is no central point of failure. However, users must safeguard their recovery phrases — losing them means permanent loss of access.
Core Keywords
- USDC stablecoin
- cross-border remittances
- non-custodial wallet
- fiat-to-crypto exchange
- MoneyGram integration
- global money transfer
- bankless payments
- blockchain remittance
👉 Start using secure, low-cost international transfers today
With this powerful combination of blockchain innovation and real-world financial infrastructure, Odinix and MoneyGram are paving the way for a more inclusive, efficient, and resilient global financial system. As digital dollars become increasingly mobile, services like OwlPay Wallet Pro are redefining what it means to send, receive, and store value across borders — without relying on traditional banks.