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via CoinDesk · By CoinDesk Staff
MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
XLM
XLM/USDT
$0.1744
+1.87%
$0.1744
+1.87%
(24s)24h Volume
$55,461,068.42
24h H/L
$0.1776 / $0.1685
Change: $0.009100 (5.40%)
Funding Rate
+0.0054%
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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