MoneyGram launches MGUSD stablecoin on Stellar network
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.
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MoneyGram launched MGUSD, a dollar-backed stablecoin on Stellar, on June 2, 2026. MGUSD is issued by Stripe’s Bridge with smart contracts from M0 and Fireblocks wallet. A self-custodial wallet in the MoneyGram app lets users hold USD-denominated balances. Global payment giant MoneyGram today officially released MoneyGram’s own U.S. dollar-backed stablecoin, MGUSD, on the Stellar blockchain […] The post MoneyGram Launches MGUSD Stablecoin on Stellar Network appeared first on Live Bitcoin News.
Read full articleMoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.
The Dallas-based payments company is now the issuer of a U.S. dollar token on a public chain, with Stripe-owned Bridge as the regulated minter, M0 smart contracts handling supply, and Fireblocks holding the float.
Moneygram launched MGUSD on June 2, 2026, a U.S. dollar stablecoin built natively on the Stellar blockchain and integrated directly into the Moneygram app for self-custodial wallet access. What MGUSD Is and How It Works The stablecoin is issued by Bridge, a Stripe company that the firm describes as GENIUS Act-ready. Minting and burning run […]
MoneyGram has launched its own U.S. dollar stablecoin, MGUSD, on the Stellar blockchain, placing it at the center of a payments network that serves more than 60 million active customers. According to a Tuesday announcement, MGUSD is being issued by…
MGUSD's launch on Stellar could revolutionize global remittances, enhancing financial inclusion and stability for underserved communities worldwide. The post MoneyGram rolls out MGUSD stablecoin on Stellar appeared first on Crypto Briefing.
MoneyGram, one of the world’s largest cross-border payments networks, announced on June 2 the launch of MGUSD — a native US dollar stablecoin bearing the company’s own brand and designed to serve as the foundational layer for a growing suite of financial services across its global remittance network, per the company’s official press release. Related […]
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