MoneyGram Taps Stablecoins with New Visa-Backed Remittance Card

MoneyGram has launched a Visa stablecoin card, expanding its remittance services in competition with other fintech companies.

The new card allows users to load and hold their cryptocurrency balances directly on the card, enabling seamless conversion between currencies.

This move by MoneyGram is seen as a response to the growing demand for alternative payment methods, particularly in emerging markets where traditional banking infrastructure may be limited.