mgusd

MoneyGram launches its Stablecoin MGUSD

MoneyGram is rolling out its own stablecoin, MGUSD, natively on the network #Stellar . This isn’t just a marketing stunt or a temporary pilot; it’s the culmination of 5 years of operational partnership and due diligence.

Over 5 years, Stellar's infrastructure has proven itself to a giant with over 80 years in the sector, showcasing its speeds (3-5 seconds), minimal costs, and above all, its compliance architecture that supports real transactions under the scrutiny of regulators in more than 200 countries, even surviving crypto winters and industry litigation.

#MoneyGram moves from "using" the Stellar network to "building" its own digital financial product on top of it. #MGUSD will enable millions of retail users (migrant communities and workers abroad) to hold and transfer digital dollars directly from the MoneyGram App with instant settlement and negligible fees compared to the 6-7% of the traditional banking system.

$XLM #ISO20022

💥 MoneyGram launches its own stablecoin and accelerates global blockchain adoption

MoneyGram has taken a historic step towards digital finance by introducing #MGUSD , a stablecoin backed by the US dollar and built on the #Stellar network.

The company aims to use this new asset as a foundation for a new generation of financial services, including faster and more efficient payments, remittances, and international transfers.

MGUSD maintains a 1:1 peg with the dollar and will be directly integrated into the #MoneyGram ecosystem, allowing millions of users to easily access digital dollars. This launch reflects an increasingly strong trend: major financial companies are adopting the #blockchain technology to cut costs and enhance transaction speed.

The choice of Stellar is no coincidence. The network has been specifically designed for global payments and remittances, so this move could significantly boost its activity and strengthen its position within the digital finance sector.

Analysts believe that the launch of MGUSD is a signal that stablecoins are moving beyond being an exclusive tool of the crypto world to becoming a financial infrastructure used by traditional companies. Rather than competing against blockchain, companies like MoneyGram are starting to integrate it at the core of their operations.

With over 60 million customers worldwide, MoneyGram could become one of the largest drivers of mass adoption of digital assets in the coming years, bringing blockchain technology closer to users who have never interacted with cryptocurrencies before.

💥 MoneyGram launches its own dollar-backed stablecoin (MGUSD) on Stellar

The money transfer giant is shifting into high gear 🚀

✅ MGUSD is a dollar-pegged stablecoin
✅ Built on the Stellar blockchain
✅ And directly integrated into MoneyGram transfers

With over 60 million users and 500,000 service points, MoneyGram isn't just "testing crypto": they’re embedding it into their global payment system.

The goal is simple: to enable faster, cheaper international transfers that are accessible even through cash.

Stablecoins are no longer just crypto… they are becoming a global financial infrastructure.
#stablecoin #crypto #MGUSD #stellar

#MGUSD 💸 MoneyGram is launching its own stablecoin

MoneyGram has announced the launch of MGUSD — its own stablecoin aimed at international transfers and settlements.

$USDC

MoneyGram Joins the Stablecoin Race with MGUSD on Stellar
MoneyGram has launched MGUSD, a native dollar-pegged stablecoin created on the Stellar blockchain.
Bridge issues the MGUSD under the GENIUS Act, while M0 supports a smart contract framework for mining.
The stablecoin will reach 60 million MoneyGram customers through nearly 500,000 retail locations.
MoneyGram has officially announced the launch of MGUSD, a dollar-pegged native stablecoin built on the Stellar blockchain to support global remittances, digital balances, and financial services for millions of underbanked customers worldwide.
Let’s dive into what MGUSD really is, who backs it, and why it could reshape cross-border payments.
MoneyGram has just launched MGUSD: a new dollar-pegged stablecoin on Stellar.
The stable asset represents a digital stablecoin pegged one-to-one with fiat currency and is issued by a regulated entity directly. MGUSD is MoneyGram's dollar-pegged stablecoin, launched today in the U.S. market with plans for global expansion.
The infrastructure relies on strong partners. Bridge, a subsidiary of Stripe, acts as a regulated issuer willing to comply with the GENIUS Act, while the smart contract infrastructure from M0 handles all issuance and burning on the Stellar blockchain at launch #MGUSD Bitwise Purchases $20M HYPE $BNB $LAB
$HOME

🔥 Latest news: Western Union launches MGUSD, a dollar stablecoin built on the Stellar blockchain.

#MoneyGram #MGUSD #Stellar #Bitcoin

Payment giant MoneyGram has officially launched its native USD stablecoin MGUSD, built on the Stellar network. #MGUSD #稳定币 #美元 #Stellar

MoneyGram Drops MGUSD Stablecoin 🪙 on Stellar ⚡

MoneyGram enters the stablecoin game 🎯 Launched MGUSD, a USD backed stablecoin on Stellar blockchain 🌐 Targets 60M+ active customers worldwide 👥 Rollout starts in US 🇺🇸 then goes global 🌍

🪙 MGUSD Launch Details
➡️ Issued by Bridge, Stripe-owned company under GENIUS Act framework 🏦
➡️ Smart contracts powered by M0 for mint/burn 🔧
➡️ Custody via Fireblocks wallets before moving to MoneyGram app wallets 🔒
➡️ CEO Anthony Soohoo: “Built for families sending money home + billions with limited financial access” 💸

🚀 MoneyGram’s Stablecoin Push 📈
➡️ Latest move after months of crypto integration:
➡️ Sept 2025 USDC remittances in Colombia via Crossmint + cashout at 6K+ locations 🏧
➡️ Dec 2025 Fireblocks for stablecoin settlements 🤝
➡️ Last month anchor validator on Stripe/Paradigm-backed Tempo blockchain 🔗
➡️ May 2026 crypto-to-cash withdrawals for Kraken users 💵
➡️Feb 2026 validator for Cardano’s Midnight privacy sidechain 🕶️

Now launching own token instead of just using USDC/third-party coins 🔄

🌐 Stellar Partnership + Industry Trend
➡️ Stellar Development Foundation calls MGUSD the “next milestone” after 5+ years of USDC-powered transfers ⚡ Denelle ➡️ Dixon: shows what payment-focused blockchains can do with global money networks 💡
➡️ Industry shift 🏦 Traditional payments firms launching own stables:
➡️ Western Union USDPT on Solana 🟣 PayPal + Visa adding stablecoin settlement 💳
➡️Societe Generale expanded EURCV + USDCV to DeFi 📊

Bottom line 🎯 MoneyGram betting on owned stablecoin rails for remittances. MGUSD = faster, cheaper transfers for underbanked 💸

#MoneyGram #MGUSD #Stellar #Remittances #XLM

$XLM

🚨 Big move for the ecosystem $XLM

MoneyGram is launching its own stablecoin MGUSD on the Stellar network.

Fully backed by USD
Storage and transfers right through the MoneyGram app

Launching in the USA.

Potential access to:
60+ million clients
nearly 500,000 service points worldwide....

For Stellar, this is one of the strongest real-use cases we've seen lately.

#XLM #Stellar #MGUSD

Payment giant MoneyGram has officially launched its own stablecoin MGUSD on Stellar, issued by Bridge, a company controlled by Stripe. Scaling this digital infrastructure to 60 million clients and 500,000 physical locations is a strong fundamental boost for Stellar, turning the network into an undeniable mainstream hub for global cross-border transfers. Locally, the XLM token has already priced in this positivity during the recent rally, so we shouldn't expect an immediate parabolic spike, but long-term, MoneyGram is starting to push traditional banking to the sidelines, creating massive organic demand for Stellar liquidity

#MoneyGram #Stellar #XLM #MGUSD #Stablecoin