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.