Stablecoins Turn MoneyGram Into More Than a Cash Counter
Photo: Coindoo
Stablecoin infrastructure powers that balance, but MoneyGram has not said where it is available or which token backs it outside the US. Key Takeaways On-Chain Footprint: MGUSD, issued by Bridge (a Stripe company), launched on Stellar on June 2. Historical Parallel: MGUSD in June, the MoneyGram Card in Colombia on September 10, the redesigned app on October 19. Macro Overlap: El Salvador uses the US dollar as legal tender. Colombia uses the peso. Both are named in the new US corridor. Systemic Milestone: US senders can now pay MoneyGram app users directly in Colombia and El Salvador.
Source: Coindoo
