MoneyGram Launches First Stablecoin Visa Card in Colombia with USDC Support
MoneyGram has introduced its first stablecoin-powered Visa card in Colombia, developed in collaboration with payment infrastructure firm Rain. The digital card allows users to hold USDC balances within the MoneyGram app, conduct online and offline transactions via the Visa network, and convert balances into local currency at MoneyGram locations. The company plans to add support for its native stablecoin, MGUSD, in the near future and aims to launch a physical card and expand into other Latin American markets by the end of 2026.
Summaries are written by AI from the original article. Not investment advice.