Stellar Ecosystem

<p>MGUSD is a US dollar-backed stablecoin issued by MoneyGram on the Stellar blockchain. The token is issued by Bridge, a Stripe-owned company operating under the GENIUS Act framework, with smart contracts for minting and redemption developed by M0 and wallet infrastructure provided by Fireblocks. MGUSD is embedded directly into the MoneyGram mobile app, allowing customers to hold a dollar-denominated balance in a self-custodial wallet and transfer funds through the company's global payments network of nearly 500,000 retail locations. The stablecoin launched initially in the United States, with a phased global rollout planned across MoneyGram's 60 million active customers. The launch builds on a five-year partnership between MoneyGram and the Stellar Development Foundation, during which the company previously used Stellar-based infrastructure for USDC-powered transfers.</p>

MGUSD

MGUSD is MoneyGram's USD-backed stablecoin on Stellar for cross-border payments.

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BitcoinWorld

MoneyGram joins Solana as validator in push to expand blockchain payment infrastructure
Global payments company MoneyGram has joined the Solana network as a validator, marking its third major move into blockchain infrastructure. The company will stake SOL tokens to help secure the network while deepening its existing digital asset payment business, which includes the Stellar-based stablecoin MGUSD. Expanding blockchain footprint MoneyGram’s decision to become a Solana validator...

Bitcoin World

MoneyGram joins Solana as validator in push to expand blockchain payment infrastructure

MGUSD MGUSD

Latest MGUSD News and Social Media Feed

MoneyGram joins Solana as validator in push to expand blockchain payment infrastructure