MoneyGram and Stellar are celebrating five years of collaboration with a major expansion of their stablecoin offerings across the Latin American (LATAM) region.
The strategic move introduces stablecoin-backed remittance receiver features to new markets, including El Salvador. By rolling out these capabilities, the companies aim to provide millions of new customers with direct access to digital asset solutions.
Bridging the physical and digital divide
Over the past half-decade, the partnership between MoneyGram and Stellar has focused heavily on bridging the gap between digital and physical financial systems. By integrating blockchain technology with traditional financial infrastructure, the alliance has successfully brought stablecoin innovation to populations that heavily depend on cash-based services.
The newly expanded features empower receivers with greater financial autonomy. Customers in the newly supported LATAM markets now have the flexibility to:
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Hold received funds as stablecoins.
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Spend their digital assets.
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Cash out their funds on their own terms.
Scaling across a global network
This stablecoin expansion taps into MoneyGram’s massive operational footprint. The money transfer operator boasts a network that spans over 200 countries and territories, featuring nearly 500,000 physical retail locations.
Powered by a digital ecosystem connecting billions of devices, the ongoing partnership between MoneyGram and Stellar is actively changing how millions of people send, receive, and hold money across international borders.