MoneyGram has launched MGUSD, a native US dollar stablecoin, to power its global payments network and expand digital dollar-based financial services for cross-border transfers.

• The stablecoin, initially launching in the United States, will serve as the foundation for MoneyGram's blockchain-based payments infrastructure.
• Key partners include Bridge (a Stripe company) as the regulated issuer and the Stellar blockchain for deployment.
• MoneyGram aims to serve everyday users, particularly in markets affected by inflation or limited banking access, leveraging its network of 60 million customers.