MoneyGram and the Stellar Development Foundation extended their multi-year partnership, expanding stablecoin-backed financial services across Latin America. The MoneyGram app now offers USD stablecoin 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 for real-world financial inclusion. The MoneyGram app, powered by Stellar and Circle's USDC, now offers stablecoin balance features in Colombia and El Salvador, with plans to expand across Central and South America throughout the year. The partnership has delivered industry firsts including the world's largest cash on/off-ramp for digital assets and the MoneyGram Ramps API for developers. For remittance-dependent families, the expansion means faster fund access and greater control over money held in USD-denominated digital balances at trusted MoneyGram locations.
