MONEYGRAM LAUNCHES STABLECOIN-BACKED MONEYGRAM CARD

Summary from the TLDR Crypto newsletter

The MoneyGram Card is a stablecoin-backed card that lets customers hold a stable-dollar balance, access cash, and spend anywhere Visa is accepted online, in stores, and across borders. The card is built directly into the MoneyGram app, where customers sign up in a few taps and can add it to Apple Wallet or Google Wallet for tap-to-pay, with cash pickup available at MoneyGram's roughly 500,000 retail locations. It was developed with Rain for the card infrastructure, Crossmint for wallet capabilities, and the Stellar network for settlement. The card launches today in Colombia, with a physical card option planned for late 2026 ahead of further global expansion. MoneyGram serves over 60 million active customers across more than 200 countries and territories.