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🌐 MoneyGram becomes a Level 1 validator on Stellar.
After five years of collaboration on blockchain-based payments, MoneyGram has announced that it will become a Level 1 validator on the Stellar network.
By operating three geographically distributed validators, the company directly helps secure and strengthen the network’s resilience, with a target of 99.9% availability.
It’s worth noting that Stellar does not pay rewards to validators. MoneyGram therefore fully covers the operating costs of this infrastructure, reinforcing its commitment to the blockchain payments ecosystem.