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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
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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,"…

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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