MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments

MoneyGram is launching a stablecoin called MGUSD, issued by Stripe's Bridge, on the Stellar network, joining the growing trend of digital dollar payments. This move will enable seamless transactions across MoneyGram's global network, leveraging the security and efficiency of stablecoins in cross-border payments, which are gaining traction in the industry, potentially disrupting traditional payment systems.