MoneyGram deepens Stellar ties with its own stablecoin MGUSD
- —The Stellar partnership began in 2021, with cash-to-USDC ramps live in over 170 countries by 2022
- —MGUSD launched on June 2, 2026 in the US, issued by Bridge, with a global rollout planned
- —MoneyGram became a Tier 1 Stellar validator in July 2026
- —MoneyGram serves about 60 million customers through roughly 475,000 locations in 170+ countries
Why it matters: A major remittance player is building its payments stack around a proprietary stablecoin, intensifying competition in payment tokens.
Source: Crypto Briefing