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via CoinDesk · By CoinDesk Staff
MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
XLM
XLM/USDT
$0.1915
-3.62%
$0.1915
-3.62%
(24s)24h Volume
$127,971,312.17
24h H/L
$0.2040 / $0.1910
Change: $0.0130 (6.81%)
Funding Rate
-0.0041%
Shorts pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(09:00 AM UTC)
1 min read
892 views
0 commentsMGUSD, 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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