MoneyGram Launches Stablecoin-Backed Visa Card in Colombia
MoneyGram has launched a stablecoin-backed debit card available to users in Colombia, allowing them to hold and spend U.S. dollar-denominated balances via the USDC stablecoin on Visa's global payments network. The digital-only MoneyGram Card is accessible through its app and can be used for online transactions or at retail stores that accept Visa. Users may also transfer funds for cash pickup at local MoneyGram locations. A physical version of the card with ATM withdrawal capabilities is planned for later this year, with expansion to other markets expected in coming months. The new offering reflects growing adoption of stablecoins as part of mainstream financial systems and everyday transactions. Stablecoin trading volumes exceeded $1.1 billion globally in August 2026 according to Payment Scan data. MoneyGram plans to eventually support its own MGUSD token on the card, further integrating digital assets into traditional payment infrastructure.
Topics: MoneyGram payments stablecoins Visa integration