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MoneyGram Integrates Stablecoins into New Mobile App for Colombia
- MoneyGram has integrated U.S. dollar-pegged stablecoins and blockchain technology into its mobile app.
- Colombian customers will be the first to use this app, capitalizing on Colombia's significant remittance activity and currency devaluation.
- Stablecoins are viewed as a transformative tool for crypto adoption, providing stability and real-time settlement.
- The app is powered by Circle’s [USDC](https://holder.io/coins/usdc/) and Stellar's blockchain, along with Crossmint's wallet infrastructure.
- MoneyGram operates nearly half a million locations globally and serves over 20,000 remittance corridors.