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MoneyGram partners with Fireblocks to enhance global payments with stablecoins

Crypto Briefing
MoneyGram is partnering with Fireblocks to expand stablecoin settlement and multi-asset treasury operations globally.

Summary

MoneyGram has partnered with Fireblocks to deepen its utilization of stablecoins for cross-border settlement and to bolster its multi-asset treasury operations across its worldwide network. This collaboration leverages Fireblocks’ secure stablecoin infrastructure and programmable settlement layer to facilitate low-cost, near-instant transactions for MoneyGram, which serves over 200 countries. CEO Anthony Soohoo stated that Fireblocks is key to their strategy of unifying money movement across both fiat and stablecoin channels, accelerating their vision for instant global payments. Fireblocks CEO Michael Shaulov noted that MoneyGram is upgrading the speed and reliability of global payments by adopting a multi-chain, programmable infrastructure.

(Source:Crypto Briefing)