MoneyGram Launches Native USD Stablecoin 'MGUSD' Targeting Global Remittance Network

MoneyGram has launched MGUSD, a US dollar-backed stablecoin integrated into its app and distributed through over 500,000 retail locations globally. The company aims to serve underbanked populations with this new digital asset rather than targeting crypto traders or institutions.

By Dr. Guneet Kaur Wed, June 3, 2026 at 6:02 PM GMT+3 4 min read · Yahoo Finance · June 3, 2026, 15:02 UTC

Tickers: $PYPL $WU

Topics: digital_currency global_payments remittances stablecoins

Read the full article at Yahoo Finance

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