MoneyGram to Support Transfers via Stablecoins, CEO Says Crypto is ‘Obviously Here to Stay’

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MoneyGram to Support Transfers via Stablecoins, CEO Says Crypto is ‘Obviously Here to Stay’

 
Major money transfer company MoneyGram aims to launch a new service that would enable users to transfer money overseas via stablecoins.
The initiative comes in partnership with the Stellar (XLM) blockchain, a decentralized protocol specializing in cross-border transactions, and it would enable users to convert their stablecoins to hard currency in MoneyGram agent locations, according to a recent report by Bloomberg….
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