MoneyGram launches MGUSD stablecoin on Stellar network
Hex37's read
- MoneyGram launched its dollar stablecoin, MGUSD.
- MGUSD is built on the Stellar blockchain network.
- This move signifies MoneyGram's increased focus on blockchain payments.
What it means for traders
- Stellar's adoption by a major financial institution could boost its ecosystem.
- Increased use of stablecoins in remittances may signal broader institutional adoption.
Affected markets
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