MoneyGram Launches MGUSD Stablecoin on Stellar Network for Global Payments

TLDR: MoneyGram launched MGUSD, a native U.S. dollar stablecoin built on the Stellar blockchain network. Bridge, M0, and Fireblocks provide the issuance, smart contract, and wallet infrastructure for MGUSD. MGUSD integrates into the MoneyGram app via a self-custodial wallet, launching first in the U.S. market. MoneyGram’s 500,000-location network gives MGUSD built-in global distribution from its [...]

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