MoneyGram and Stellar extend their partnership to expand stablecoin-backed remittance services from Colombia to El Salvador, enabling families to receive and hold USDC instantly at MoneyGram locations across Latin America.
MoneyGram and the Stellar Development Foundation announced a multi-year partnership extension to scale stablecoin utility globally, building on five years of collaboration. The MoneyGram app now offers USDC balance features in Colombia and El Salvador, allowing remittance recipients to receive funds instantly and hold stable digital dollars. The expansion addresses critical needs in Latin America, where remittances are essential income for millions of families. MoneyGram operates the world's largest cash on/off-ramp for digital assets and offers the MoneyGram Ramps API for developer integration. The partnership demonstrates how stablecoins can solve real-world financial problems beyond trading, with plans to scale to additional markets globally.
