Moneygram Launches Stablecoin Services to Transform Cross-Border Transactions in Latin America

Moneygram has introduced a new service utilizing stablecoins for cross-border transactions in Latin America, aiming to enhance financial inclusion and streamline remittances. The launch includes an app that allows users to manage both traditional currencies and stablecoins, starting with a trial in Colombia. This initiative leverages blockchain technology to provide faster and more cost-effective options for users, potentially transforming the landscape of international money transfers.