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Stellar names MoneyGram a Tier 1 validator, adds two more institutions
Jul 17, 2026
< 1 min read
by Opeyemi Olanrewaju
for CryptoPolitan
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The Stellar Development Foundation announced on Thursday that MoneyGram, Figure Markets and blockchain security firm Range will run Tier 1 validators on the Stellar network, upgrading them from users to operators of the chain. The milestone enhances network security and decentralization, bolsters Stellar's cross-border payments use case and institutional adoption, and may increase token utility and market confidence across crypto, DeFi and CEX/DEX integrations.
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The Stellar Development Foundation announced on Thursday that MoneyGram, Figure Markets, and blockchain security firm Range will run Tier 1 validators on the Stellar network, upgrading these companies from users to operators of the chain. The Stellar network has major interests in easing cross-border payments, and the addition of a global money-transfer firm to the...
