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MoneyGram deepens Stellar partnership from USDC ramps to its own stablecoin

MoneyGram deepens Stellar partnership from USDC ramps to its own stablecoin

Photo: Crypto Briefing

The remittance giant's five-year bet on Stellar now spans a dollar stablecoin, a validator seat and an exclusive in-app digital balance Most blockchain pitches lead with speed and cheap fees. MoneyGram says neither one is why it chose Stellar . The company picked the network because it trusted it, ranking that above transaction speed or cost. The relationship is not new. MoneyGram started working with Stellar in 2021, back when most traditional finance firms treated blockchain like a science fair project. By 2022, the partnership had produced something tangible: cash-to- USDC ramps live in over 170 countries.

Source: Crypto Briefing

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