Moneygram Launches Innovative Stablecoin Services for 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 a trial app in Colombia that allows users to manage both traditional currencies and stablecoins, leveraging blockchain technology to modernize financial transactions. This initiative could significantly improve the efficiency and cost-effectiveness of money transfers in the region.