MoneyGram has introduced $MGUSD, a self-custodial stablecoin, leveraging its existing infrastructure that serves 60 million customers across approximately 500,000 locations. Unlike traditional stablecoins that are asset-centric, $MGUSD is integrated within MoneyGram's established money transfer services. The stablecoin is issued on the Stellar blockchain, enhancing its utility and accessibility for global transactions.
MoneyGram Launches $MGUSD Stablecoin on Stellar Network
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