MoneyGram has launched its own US dollar-backed stablecoin on the Stellar blockchain (CRYPTO: $XLM). Privately held MoneyGram joins a growing list of payments companies and banks that are moving toward stablecoins, or digital dollars, as they are known. MoneyGram’s new stablecoin is called “MGUSD” and is integrated into the MoneyGram app, allowing customers to maintain…
Thunes has introduced a direct-to-workforce cross-border payment solution aimed at businesses paying remote teams, freelancers and freelancers abroad. The company said the product supports instant payments and can be used for compensation and other disbursements. According to Thunes, the solution enables real-time payments across 12 billion bank accounts, mobile wallets, and stablecoin wallets in 140…
XRP has gained 355% in 52 weeks, vastly outperforming Bitcoin and Ethereum since the 2024 US elections. The global payments market is already fragmented and XRP will not dominate it anytime soon. At $2.50, XRP appears overvalued and needs to correct towards pre-election levels. 10 stocks we like more than XRP › It is really…
In 2024, while the rise of Bitcoin grabbed most of the headlines, another form of cryptocurrency quietly gained momentum: stablecoins. These digital currencies are designed to maintain a stable value by being pegged to traditional currencies like the US dollar, making them much less volatile than Bitcoin or other cryptocurrencies. Stablecoins are quickly becoming a…
