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Payment giant Western Union launches native US dollar stablecoin MGUSD

金色财经_
Golden Finance reports that on June 2, according to PR Newswire, payments giant MoneyGram (Money Gram) has announced the launch of its native U.S. dollar stablecoin MGUSD, as infrastructure for a series of financial services within its global payments network. MGUSD’s initial deployment is on the Stellar blockchain, with Bridge (a company under Stripe) serving as the regulated issuer. M0 provides the smart contract infrastructure responsible for token minting and burning, while Fireblocks provides wallet support. MGUSD will be integrated into its app’s self-custody wallet, first opening to the U.S. market, and plans to gradually expand to the rest of the world.
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