According to multiple reports, MoneyGram is rolling out a new mobile app in Colombia that lets users receive, hold and move money using USD-backed stablecoins , specifically USDC.

The service is being positioned as a hybrid: a stored-value USD balance that can be funded, received and cashed out through MoneyGram’s existing network. The launch is set to start in Colombia before a wider regional rollout.

Stablecoins Meet Money Transfer Agents

MoneyGram will use the Stellar blockchain for settlement and has partnered with Crossmint for wallet infrastructure.

Users will not be required to handle private keys or pay gas fees directly; the blockchain work is hidden behind the app.

Reports say MoneyGram already counts more than 6,000 retail locations in Colombia, giving users clear pla

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