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via CoinDesk · By CoinDesk Staff
MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
XLM
XLM/USDT
$0.2185
-0.18%
$0.2185
-0.18%
(24s)24h Volume
$227,542,877.80
24h H/L
$0.2265 / $0.2147
Change: $0.0118 (5.50%)
Funding Rate
+0.0066%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(09:00 AM UTC)
1 min read
MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction in cross-border payments.
MoneyGram announced Tuesday it had launched its own U.S. dollar-backed stablecoin on the Stellar (XLM) blockchain, joining a growing wave of global payments companies and banks building products around digital dollars.
The stablecoin, dubbed MGUSD, will be…
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