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 […]
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 […]
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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.
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The post Neobanks and digital assets emerge as fintech’s next growth engines: report appeared on BitcoinEthereumNews.com.
Neobanks and digital asset businesses have emerged as key growth engines for fintech firms, which have delivered record profitability with average EBITDA margins of 20%, and 74% of major public players reporting profits in 2025, according to a new report. Summary Fintech revenues topped $500 billion in 2025 as digital assets, AI adoption, and expanding financial services helped fuel industry growth. Leading neobanks are moving into lending, wealth management, insurance, and cross-border payments, increasing competition with traditional banks. Fintech firms completed more acquisitions than banks in 2025, with digital assets, compliance, and AI emerging as major deal drivers. According to the Global Fintech Report 2026, published by Boston Consulting Group (BCG) and FT Partners, fintech revenues exceeded $500 billion last year after growing 22%, a pace the report said
Neobanks and digital asset businesses have emerged as key growth engines for fintech firms, which have delivered record profitability with average EBITDA margins of 20%, and 74% of major public players reporting profits in 2025, according to a new report.…
