MoneyGram Launches Dollar-Pegged Stablecoin MGUSD on Stellar Blockchain
MoneyGram has launched its dollar-pegged stablecoin, MGUSD, built on the Stellar blockchain to facilitate global remittances and financial services. The company aims to leverage its existing customer base of over 60 million users across nearly 500,000 locations for cross-border payments.
Topics: MGUSD MoneyGram remittances stablecoin Stellar blockchain