stable coins
By Steven Anderson
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Why Stripe's Bridge Wrote the Check. The issuer here matters. Stripe's Bridge is the entity actually behind MGUSD — not MoneyGram itself.
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What MoneyGram Is Actually Trying to Fix. Cross-border payments have a well-documented friction problem.
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MoneyGram just went live with a new stablecoin. Called MGUSD, it's issued by Stripe's Bridge and runs on the Stellar blockchain — and the company is betting it reshapes how…
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The stablecoin is pegged to the U.S. dollar, which is pretty much the whole point. Volatile crypto assets have never been a serious fit for remittances.
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And for Stripe's Bridge, the MoneyGram deal puts MGUSD in front of a genuinely massive global user base.
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Not every stablecoin launch has that kind of reach on day one.
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Cross-border payments have a well-documented friction problem. Correspondent banking chains are slow. Fees stack up at each hop. Settlement can take days.
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See also: Coinbase Brings INR Order Books and Perpetuals to 1.4 Billion People
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The Stellar network specifically was chosen for its track record here. It's built for exactly this use case — high transaction throughput, low fees, and a design philosophy…
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That said, the company hasn't spelled out exactly how MGUSD will interact with regulators in every market it operates. Stablecoin regulation is moving fast in 2026 — the U.S.
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No details on that front from the announcement.
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The broader stablecoin market has matured considerably. What started as a tool mostly used by crypto traders to park value between positions has expanded into remittances,…
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More context: XRP Ledger Hits 2.48M Daily Transactions as Real-World Asset Tokenization Jumps 124%
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MoneyGram says MGUSD is part of its global network going forward. The stablecoin is live on Stellar. Stripe's Bridge is the issuer.
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