MoneyGram and the Stellar Development Foundation extended their partnership, expanding stablecoin-backed services across Latin America. The MoneyGram app now supports USDC balances in El Salvador and Colombia, enabling faster remittances and financial access for millions of cash-dependent families.
MoneyGram and the Stellar Development Foundation announced a multi-year partnership extension, marking five years of delivering stablecoin utility at scale. The MoneyGram app's stablecoin balance, powered by Stellar and Circle's USDC, is now live in El Salvador after successful adoption in Colombia. Customers can instantly receive funds into USD-denominated balances, hold stable digital dollars, and cash out at MoneyGram locations. The expansion targets millions of remittance-dependent families across Latin America and beyond, with additional markets planned throughout 2026. Together, MoneyGram's 500,000 retail locations and Stellar's blockchain infrastructure deliver faster, lower-cost cross-border payments.