Key Takeaways:
- MoneyGram launches MGUSD, a native U.S. dollar stablecoin on the Stellar blockchain.
- The stablecoin isn’t meant for use as a standalone crypto product, but rather as a means to facilitate MoneyGram’s global payments network.
- In the U.S., MGUSD will roll out initially, and offer digital dollar balances, quicker digital moves and cross-border payments.
MoneyGram has announced today that it has launched MGUSD, its own blockchain-backed U.S. Dollar stable blockchain. The company says the new asset is a core part of its long-term strategy to modernize global money movement and improve financial access for millions of users worldwide.
Introducing MGUSD.
MoneyGram’s native U.S. dollar stablecoin.
Natively issued on @StellarOrg.
Built with @Stablecoin,...
English (US)