Partnership
The partnership leverages Circle's USDC on the Stellar network, signaling a major move by a legacy payments giant into blockchain-based P2P transfers.
September 17, 2025
MoneyGram, a legacy leader in cross-border payments, announced a significant move into digital assets by partnering with Crossmint. The collaboration powers a new application that uses stablecoins for global remittances. This initiative aims to provide faster and more cost-effective money transfers for consumers.
The new service is built using Circle's USDC stablecoin and operates on the Stellar blockchain, with Crossmint providing the underlying wallet and payment infrastructure. By integrating these technologies, MoneyGram allows users to send and receive funds with near-instant settlement and lower fees compared to traditional rails. This represents one of the most significant adoptions of crypto technology by a traditional financial institution for a core consumer product.
The partnership signals a broader industry trend of established financial players leveraging blockchain infrastructure to enhance their services. It moves the utility of stablecoins beyond the crypto-native ecosystem into mainstream, real-world applications. For the remittance industry, this move intensifies competition and sets a new benchmark for speed and cost.
Read More:
https://blog.Crossmint.com/crossmint-powers-moneygrams-new-stablecoin-cross-border-experience/
The Stabledash newsletter keeps you off the timeline and dialed into modern money.
Join leaders at Circle, Ripple, and Visa who trust us for their stablecoin insights.