MoneyGram launches first stablecoin-backed Visa card in Colombia

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MoneyGram launches first stablecoin-backed Visa card in Colombia

60-second summary

MoneyGram launches its first stablecoin‑backed Visa card, created with Rain and rolled out in Colombia, marking the inaugural crypto‑linked payment card in the country. The card lets users spend US‑DC‑pegged stablecoins directly at merchants, converting digital assets into fiat at point‑of‑sale. This move signals growing mainstream adoption of stablecoins and could accelerate crypto‑payment integration across Latin America’s financial ecosystem.

MoneyGram has launched its first stablecoin-backed Visa card, developed with Rain and initially available in Colombia.