
MoneyGram Makes Stablecoins the Backbone of Its Next-Generation App
MoneyGram, the ubiquitous send and receive cash network for retail customers, has made U.S. dollar-pegged stablecoins and blockchain settlement rails the digital backbone of its revamped mobile app, the company said on Wednesday. Customers in the Latin American country of Colombia, where MoneyGram has an extensive retail network of over 6,000 locations, will be the first to use the new app to receive and store stablecoin payments, with plans to expand to additional markets in the near future. Colombia is the ideal launch market, says MoneyGram CEO Anthony Soohoo. It’s a major inbound remittance corridor where families receive more than…





