MoneyGram Launches MGUSD Stablecoin on Stellar Network
MoneyGram Launches MGUSD Stablecoin on Stellar Network MGUSD is issued by Bridge, the stablecoin infrastructure platform owned by Stripe, and targets MoneyGram's user base of 60M+ customers and nearly 500K retail locations. The launch builds on a five-year partnership between MoneyGram and the Stellar Development Foundation focused on stablecoin-powered remittances. The token is embedded in the MoneyGram app, letting customers hold a dollar-denominated balance in a self-custodial wallet and move funds across the company's payments network. 👉 x.com/MoneyGram/status/2061735058961228052?s=20
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