MoneyGram launches MGUSD stablecoin

MoneyGram launched stablecoin product launch on June 3, 2026.

Primary

MoneyGram

Counterparty

Bridge, Stellar, Fireblocks, M0

Structure

stablecoin product launch

Date

June 3, 2026

Sub-sector

Crypto / Stablecoin

MoneyGram issues USD-backed stablecoin to reduce cross-border remittance costs and control application layer, leveraging existing cash distribution network.

Primary company

MoneyGram

Counterparty

Bridge, Stellar, Fireblocks, M0

Amount

Not disclosed

Event date

June 3, 2026

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

stablecoin product launch

Source published

June 3, 2026

Publisher

American Banker

Source: americanbanker.com