MoneyGram Enters Stablecoin Market with Stellar Integration
MoneyGram has launched MGUSD, a stablecoin on the Stellar blockchain, joining the growing movement toward digital dollar payments. This marks a major traditional financial services company embracing crypto infrastructure for global payments.
Why it matters
SMB founders in fintech or international commerce can explore new payment rails and reduced transaction costs through stablecoin adoption by established players.
Evidence
- Mastercard Just Opened Its Payment Network to Stablecoins
- MoneyGram Launches MGUSD Stablecoin on Stellar as Crypto Payment Rules Advance
- MoneyGram launches stablecoin
- MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network
- MoneyGram launches stablecoin on Stellar (XLM), joining rush toward digital dollar payments
- MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments