PYMNTS
02 Jun 2026, 10:49 UTC · 2h ago
MoneyGram Debuts MGUSD Stablecoin to Expand Blockchain Payments
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PYMNTS
02 Jun 2026, 10:49 UTC · 2h ago
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Story key points
3 claims · impact-rated
MoneyGram has launched its own U.S. dollar-denominated stablecoin, MGUSD, to facilitate global blockchain payments. — The move represents a significant shift toward blockchain integration for a major global remittance provider, potentially disrupting traditional cross-border fee structures.
+0.40MoneyGram is partnering with Bridge (Stripe-owned), M0, Stellar, and Fireblocks to power the MGUSD infrastructure. — The involvement of established fintech and blockchain infrastructure players reduces execution risk and signals a coordinated industry push toward stablecoin adoption.
+0.20Research indicates 67% of CFOs view regulatory or compliance uncertainty as a barrier to using stablecoins in business payments. — Persistent institutional hesitancy and regulatory friction act as a drag on the wider corporate adoption of stablecoin technology.
-0.20Ticker attribution
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The company is expanding its services and technological capabilities by launching its own stablecoin, MGUSD.
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