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MoneyGram named 'anchor remittance validator' for Stripe-backed Tempo blockchain

TB
The Block Editorial
(02:37 PM UTC)
1 min read
JM
Approved byJames Mitchell

MoneyGram was named the "Anchor Remittance Validator" for Tempo, the blockchain co-developed by Stripe and Paradigm.

As part of its role, MoneyGram will validate remittance transactions on the Layer 1 blockchain and integrate stablecoin settlement, including with Stripe, for its global flows, according to an announcement on Wednesday.

"Tempo is built for institutions powering everyday payments,"…

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