MoneyGram Launches U.S. Dollar-Backed Stablecoin on Stellar Blockchain
MoneyGram has launched MGUSD, a new U.S. dollar-backed stablecoin built on the Stellar (XLM) blockchain and integrated into its app for self-custodial digital wallet use in the United States. The move aligns with growing interest from financial firms in stablecoins as faster alternatives to traditional banking systems.
Topics: blockchain digital finance payments stablecoins