"Moneygram is delivering financial inclusion by building an open payments network that moves seamlessly across fiat and stablecoin, enabling faster, lower-cost transactions for those who need it most."
"Five years ago, we started turning stablecoins into real-world money infrastructure for the billions of people without access to traditional financial services, beginning with Colombia and now expanding to El Salvador."
Moneygram International Inc. has announced an extended partnership with the Stellar Development Foundation to enhance stablecoin utility and facilitate faster, lower-cost cross-border transactions. This multi-year initiative aims to grow digital asset settlement capabilities using USD Coin (USDC) across key remittance regions in Latin America. The partnership emphasizes financial inclusion, with a focus on providing services to those without access to traditional financial systems. The initiative began in Colombia and is now expanding to El Salvador, demonstrating a commitment to building an open payments network.
Read at news.bitcoin.com
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