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MoneyGram Launches Stablecoin Card in Colombia, Bringing Crypto Payments to 60M Users

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Key Takeaways:

MoneyGram has unveiled a stablecoin-based Visa card that can start in Colombia with a digital launch.Secure-dollar balances can be utilized for on-line, conversion in-store and on Apple Pay or Google Pockets.The cardboard is launched with Rain’s fee system, Crossmint’s pockets tech, and the stellar community, with a worldwide growth deliberate.

MoneyGram is taking its stablecoins a step nearer to real-word fee with the launch of a card that provides digital-dollar balances to each buy. The launch comes as a part of the corporate’s rising efforts to maneuver in direction of a brand new strategy to transferring cash primarily based on the blockchain.

Meet the MoneyGram Card.

A stablecoin-backed card constructed to offer prospects extra freedom to carry, entry and spend their cash, all throughout the MoneyGram expertise they already know.

𝗕𝘂𝗶𝗹𝘁 𝗶𝗻𝘁𝗼 𝗠𝗼𝗻𝗲𝘆𝗚𝗿𝗮𝗺Access your card instantly by means of the MoneyGram app. No… pic.twitter.com/7nYOuGUrw6

— MoneyGram (@MoneyGram) September 10, 2026

MoneyGram Turns Stablecoin Balances Into On a regular basis Spending

The MoneyGram Card is engineered to facilitate the flexibility to instantaneously convert a stable-dollar account right into a stable-dollar expenditure by a card’s proprietor who’s eligible.

At launch in Colombia, the digital card can be supplied. It may be accessed and managed through the MoneyGram app, which customers is not going to want to change to a brand new card platform to entry.

The cardboard might be included into Google Pockets or Apple Pockets for normal purchases. It may well then be used to make tap-to-pay funds in addition to spending on-line and with retailers who settle for Visa funds.

MoneyGram is taking this follow with a grain of salt too. Customers requiring bodily foreign money could transfer cash from their MoneyGram steadiness to select up their native foreign money from a close-by MoneyGram location.

Learn Extra: 37 European Banks Carry Euro Stablecoin to Ethereum in $300B Market Shake-Up

moneygram-visa-card

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Stellar and Rain Energy the Crypto Cost Layer

A number of crypto fee infrastructure facets are seen within the card. The stablecoin card infrastructure can be offered by Rain and the pockets capabilities can be offered by Crossmint. The blockchain layer that’s connecting the digital-dollar expertise to the general MoneyGram ecosystem is known as the Stellar community.

MoneyGram is launching this along with its stablecoin in U.S. {dollars}, which was launched in June as MGUSD natively on Stellar. MoneyGram introduced that it might use MGUSD as a key ingredient of its monetary providers and cross-border funds blockchain technique.

Nonetheless, MoneyGram has additionally began to get extra concerned than simply in Stellar. The corporate subsequently grew to become an energetic member of the Solana community within the month of June, which made it yet one more large blockchain community to its crypto playbook.

MoneyGram Begins in Colombia Earlier than World Enlargement

The MoneyGram Card is the primary market to launch, and extra markets will observe within the subsequent couple of months.

MoneyGram anticipates releasing a bodily card within the second half of 2026 as nicely. The transfer will allow in-person purchases and cash-out from ATMs, bringing the stablecoin fee expertise past wallets.

The deployment can also be a continuation of MoneyGram’s present presence in Latin America as a stablecoin supplier. The corporate had beforehand launched its stablecoin steadiness in Colombia, the place the holders can load money, maintain digital {dollars} and money out utilizing the corporate’s community.

Now MoneyGram has greater than 60 million energetic prospects in over 200 nations and territories, with virtually 500,000 shops. This established community brings their stablecoins a first-hand connection to blockchain-balances and standard cash entry.

Learn Extra: DBS and Citi Allow 24/7 USD Funds With Tokenized Deposits, Chopping Settlement to Minutes





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Tags: 60MbringingCardColombiacryptolaunchesMoneyGramPaymentsStablecoinUsers
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