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.
SBI Holdings projects Ripple's IPO to take 12 years, causing mixed reactions in the XRP market despite a 376% surge in secondary shares. Shiba Inu (SHIB) faces a potential price squeeze due to a record low supply on exchanges and empty order books, p...
SWIFT, the traditional backbone of cross-border payments, faces challenges from blockchain networks like Ripple and Stellar that offer faster, cheaper, and near-instant transfers using digital assets XRP and XLM. Rather than being replaced, SWIFT is ...
Bitcoin fell below $70,000 for the first time since April 7, dropping over 2% amid concerns triggered by Strategy's $2.5 million bitcoin sale, signaling potential further sell-offs. Ether also declined, while AI-related tokens like Humanity Protocol ...
LAB token jumped 65.16% to $16.49, leading altcoin gains driven by a new strategic partnership with a major biotech firm. This partnership has sparked investor interest in LAB's decentralized laboratory services. Other notable altcoin movers include ...
Over the weekend, Stellar (XLM) surged 14.1%, leading gains among the CoinDesk 20 assets. Binance Coin (BNB) also performed strongly, rising 7.9%. Meanwhile, some assets like NEAR and Bitcoin Cash (BCH) declined by 7.3% and 6.8% respectively. The Coi...
