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Moneygram launches MGUSD stablecoin on Stellar, giving 60M users 24/7 digital dollar access worldwide.

Protocol Fundamentals
02 Jun 2026
Bitcoin
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Bullish
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Moneygram introduced MGUSD, a U.S. dollar stablecoin on the Stellar blockchain, integrated into its app for self-custodial wallets. This allows 60 million users to hold, send, and convert digital dollars globally anytime, supported by nearly 500,000 retail locations. The move deepens Moneygram's partnership with Stellar, increasing demand for Stellar's native token XLM, which is required for transaction fees. The launch marks a significant step in bridging traditional cash networks with blockchain technology, starting in the U.S. with plans for global expansion.

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