MoneyGram Launches MGUSD Stablecoin on Stellar Network
MoneyGram launched MGUSD, a dollar-backed stablecoin on Stellar, on June 2, 2026. MGUSD is issued by Stripe’s Bridge with smart contracts from M0 and Fireblocks wallet. A self-custodial wallet in the MoneyGram app lets users hold USD-denominated balances. Global payment giant MoneyGram today officially released MoneyGram’s own U.S. dollar-backed stablecoin, MGUSD, on the Stellar blockchain...
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