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April 26, 2025
0 min read
London, United KingdomNews

MNEE Acquires TextBSV

USD-backed stablecoin, MNEE (pronounced money), has today announced its acquisition of TextBSV, an SMS wallet for sending peer-to-peer electronic cash. This strategic acquisition enhances MNEE's capabilities in providing accessible financial solutions, particularly in regions where smartphone penetration is limited but feature phones are widespread. The integration of TextBSV's technology will enable MNEE users to send and receive stablecoins via simple text messages.