MoneyGram Debuts MGUSD Stablecoin For Cross-Border Payments As Stablecoins Move ‘Beyond Pilots’
Posted On June 2, 2026
MoneyGram launched its own U.S. dollar stablecoin, MGUSD, as the payments giant deepens its push into blockchain-based global money movement.
Initial U.S. Launch
The stablecoin MGUSD will launch on the Stellar (CRYPTO: XLM) blockchain and will power a growing suite of digital financial services across MoneyGram’s global payments infrastructure.
The initial launch will be in the U.S. market before it expands globally through the company’s digital and retail payments network.
The stablecoin is backed by a group of major crypto infrastructure partners.
Bridge, a Stripe company, serves as issuer while M0 powers minting and burning …
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