⭐️Hey Now, You're an All-Star, Get Your Game on, Go Play⚾️
MoneyGram's Stablecoin : The Most Sensible Crazy Thing We've Seen All Year MoneyGram just announced MGUSD , its own dollar-backed stablecoin running on the Stellar network. If your first reaction was, "Wait, MoneyGram?" you're not alone. For decades, MoneyGram has occupied roughly the same mental shelf as Western Union : the place you go when you need to move money somewhere and don't particularly care if the technology looks like it escaped from 1998. It works. It's trusted. It's boring. Now that the same company is launching a stablecoin. The first thing to understand is that this isn't really a Stellar story. It isn't even entirely a MoneyGram story. It's a stablecoin story. According to CoinDesk , MGUSD is being issued by Bridge , the stablecoin infrastructure company acquired by Stripe . MoneyGram supplies the customer network , Bridge supplies the issuance framework, M0 handles the smart contracts , and Fir...