MoneyGram Bridges Physical and Digital Worlds with Multi-Chain Push
MoneyGram, which has been moving money across borders for over 80 years, is expanding its presence in the digital assets space. The company serves over 60 million active customers and has a network of roughly 500,000 retail locations across more than 200 countries and territories.
The majority of transactions now start digitally, with over 70% of them taking place online. To further bridge the physical and digital worlds, MoneyGram is integrating its services into public blockchains.
Justine Van Buren, executive vice president for global partnerships at MoneyGram, explained that the company's multi-chain push is an extension of its mission to make financial services more accessible. She emphasized that stablecoins can reduce costs and increase efficiency in money movement.
The partnership with Stellar Development Foundation started in 2021, and the two organizations extended their agreement in April 2026 to scale stablecoin utility globally. The relationship between MoneyGram and Stellar works because they first identified a problem (making financial services more accessible) and then built towards the solution.
The company's Balance wallet product sits at the center of its digital offerings, allowing customers to hold digital dollars or withdraw cash through local MoneyGram networks. MGUSD is the native asset on Stellar that users can store in their wallets.
MoneyGram has also expanded its presence on Solana by launching Ramps, a multi-chain service connecting digital assets to real-world money movement. The company became an active validator on Solana in June 2026 and joined the Solana Developer Platform.
Van Buren noted that the last mile of financial services is becoming more important as activity moves online. She emphasized that MoneyGram's network connects the onchain economy to local communities, providing flexibility and choice for customers.