MoneyGram
Stellar Development Foundation: A New Minority Shareholder in MoneyGram
The Stellar Development Foundation (SDF) has strategically invested in MoneyGram, a leading money transfer company in the US. This move is not funded by Stellar's Enterprise Fund, but rather from the SDF's own operations. The collaboration between SDF and MoneyGram, which commenced in 2021, enables users to execute instant transactions using the stablecoin USD Coin (USDC).