🚨Breaking: MoneyGram launches its own stablecoin on Stellar



MoneyGram has launched MGUSD, a dollar-backed stablecoin based on Stellar $XLM, allowing users to hold and transfer digital dollars through the MoneyGram app.

It will initially launch in the United States and then expand to MoneyGram’s global network of over 60 million customers and nearly 500k locations.$XLM
XLM-12.52%
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