Denelle Dixon, Stellar's Chief Legal and Policy Officer, discusses MoneyGram's MGUSD stablecoin launch and the DTCC's Canton integration with Stellar. The interview covers institutional adoption through regulatory collaboration, on/off-ramp infrastructure, and tokenization. Distribution matters more to institutions than blockchain choice.
MoneyGram has launched MGUSD, a native stablecoin on Stellar running through USDC, expanding on/off-ramp infrastructure already supporting 30+ wallets globally. The DTCC is integrating Stellar for tokenized assets, with a testnet launching July 2026 and mainnet expected in H1 2027. Denelle Dixon explains why these partnerships signal institutional adoption: regulators are expanding comfort levels, and the real unlock is distribution to retail and institutional customers worldwide. She points to Franklin Templeton's FOBXX precedent and argues institutions care less about which blockchain they use than about reaching assets globally. Tokenization reduces costs and enables borderless access for billions without traditional banking infrastructure.
