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via The Block · By The Block Editorial

MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network

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TB
The Block Editorial
(10:49 AM UTC)
1 min read
DK
Approved byDavid Kim

MoneyGram has launched MGUSD, a native U.S. dollar stablecoin, positioning its own digital currency at the center of a global payments network that reaches more than 60 million active customers.

MGUSD runs natively on the Stellar blockchain, a Tuesday announcement revealed. Bridge, a Stripe company, serves as the regulated issuer under the GENIUS Act framework, with M0's smart contract

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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