Western Union has selected Solana for its Digital Asset Network and USDPT stablecoin, which it expects to be rolled out in the first half of 2026.
MoneyGram News
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Colombians will soon be able to receive and store USDC through MoneyGram’s new crypto app, which will launch soon in app stores.
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MoneyGram’s services have been offline since Sept. 20, with the firm confirming three days later that the outage was due to a cybersecurity incident.
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CEX.io’s collaboration with MoneyGram and Stellar offers users expanded cash-in and cash-out options through USDC conversion.
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The noncustodial wallet will continue MoneyGram’s remittance focus, allowing users to easily convert their digital assets to fiat.
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Stellar’s pre-announcements may have caused traders to create multiple scenarios for potential XLM developments, but their impact on the XLM price could be short-lived.
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The financial details weren’t disclosed, but the investment gave the Stellar Development Foundation a seat on MoneyGram’s board of directors.
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MoneyGram's decision to integrate Litecoin into its crypto services and the coin's upcoming halving event has served as catalysts behind LTC's price rally.
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The bankrupt crypto lender has been accused by customers of being a Ponzi scheme. Meanwhile, Binance's $500 million investment in Elon Musk's Twitter has been confirmed.
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According to the company, users within select regions can now trade and store Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
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The payment service, which is powered by the Stellar blockchain, will enable USDC settlement with MoneyGram in “near-real-time.”
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MoneyGram CEO Alex Holmes said the international remittances stalwart wants to be a bridge between the crypto and fiat worlds.
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The investment follows a May 2021 partnership between the two firms aimed at expanding access to crypto-fiat exchanges.
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The partnership will enable MoneyGram customers to fund and withdraw from their accounts using the USDC stablecoin at physical branches.
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MoneyGram customers in the United States will soon be able to buy Bitcoin in the country’s retail outlets across the country.
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