MoneyGram Taps Fireblocks to Expand Stablecoin Use in Global Payments and Treasury Ops
MoneyGram partnered with Fireblocks to integrate stablecoin settlements and programmable treasury tools across its global payment network.Summary
MoneyGram has partnered with Fireblocks to integrate stablecoin-powered payments and real-time treasury management into its global network, which spans over 200 countries. By leveraging Fireblocks’s digital asset infrastructure, MoneyGram aims to enable faster stablecoin transfers across various blockchains, streamline liquidity management, and reduce the need for pre-funding accounts globally. This move is expected to result in near-instant fund arrival for recipients using digital wallets and allow MoneyGram to reconcile payments faster by reducing friction with local banking systems. Fireblocks' technology will serve as the programmable layer for MoneyGram's stablecoin operations, supporting the broader industry trend of remittance companies transitioning into always-on digital platforms.
(Source：CoinDesk)