MoneyGram launches new stablecoin
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…