Key Takeaways
- MoneyGram announced a partnership with Fireblocks to expand stablecoin-based settlement and multi-asset treasury operations across its global network.
- The initiative supports MoneyGram’s push toward faster payments and real-time financial workflows.
MoneyGram has joined forces with Fireblocks to deepen its use of stablecoins for cross-border settlement and strengthen multi-asset treasury processes, according to a Thursday announcement.
The collaboration, which utilizes Fireblocks’ secure stablecoin infrastructure and programmable settlement layer, aims to enhance MoneyGram’s ability to deliver low-cost, near-instant transactions across its global network.
As a major global payments provider, MoneyGram connects more than 200 countries and processes transfers of tens of millions each year. CEO Anthony Soohoo described Fireblocks as a crucial enabler of MoneyGram’s strategy to unify money movement across fiat and stablecoin rails.
The partnership builds on MoneyGram’s early crypto investments, enabling scaled stablecoin solutions and compliance-ready digital currency features.
Source: https://cryptobriefing.com/moneygram-fireblocks-partnership-stablecoin-use/
