MoneyGram launches MGUSD stablecoin on Stellar to power own network

MoneyGram, the popular global payment platform, has on Tuesday announced the launch of MGUSD, a stablecoin pegged to the U.S. dollar built on the Stellar blockchain. This new stablecoin product would make digital dollar available on its app initially for US customers, with plans to expand to its global 60 million users. The MGUSD token...