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.

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 […]

A major traditional finance infrastructure provider has set its sights on the Stellar blockchain, and market watchers say the timing could not be more significant. The Depository Trust and Clearing Corporation, better known as the DTCC, announced plans to connect its tokenization platform to the Stellar network as part of a broader multi-chain strategy. The move is aimed at supporting tokenized representations of assets held within the traditional financial system. Related Reading: Bitcoin Faces Prolonged Downtrend Through 2027, Analyst Warns A Bounce Off Long-Term Support The announcement triggered one of XLM’s strongest price advances in months. That rally formed the monthly candle now visible at what analyst MikybullCrypto labels point E on a long-term chart structure he has been tracking across several market cycles. The chart maps a series of repeating highs and lows on the monthly timeframe dating back to 2017. Points B and D mark previous peaks near a horizontal resistance zone,

Stellar's DTCC integration boosts institutional trust, potentially reshaping blockchain adoption and investment dynamics in financial markets. The post Stellar surges 14% as DTCC partnership reshapes its market position appeared first on Crypto Briefing.