.moneygram has launched its Stellar-powered crypto service
has announced the launch of a crypto-to-cash service in partnership with the Stellar Development Foundation .
Users will be able to convert fiat currencies, such as U.S. dollars or euros, into cryptocurrency tokens. , the Ripple rival officially joined forces with MoneyGram last October in order to pilot instant cryptocurrency transfers with the help of Circle’s USD Coin stablecoin. The second-biggest dollar-pegged stablecoin went live on the Stellar network back in February 2021. MoneyGram and Stellar started working on the joint project last March.
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