MoneyGram Launches MGUSD Stablecoin
Key Takeaways MoneyGram has launched MGUSD, a US dollar-backed stablecoin, on the Stellar network to enhance its cross-border remittance capabilities. The stablecoin is backed by infrastructure from Stripe’s Bridge platform and Fireblocks, focusing on providing consumers with app-based dollar balances. This development is part of a wider industry shift toward using blockchain technology to lower...
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