U.S. cross-border remittance and payments company MoneyGram announced the launch of a U.S.-dollar stablecoin, MGUSD, on the Stellar blockchain. It is initially available to U.S. users and will expand to its global network in the future. MGUSD is issued by Bridge, a stablecoin infrastructure platform under Stripe, with M0 providing smart contracts and Fireblocks providing wallet infrastructure. (CoinDesk)

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