MoneyGram's Stablecoin Card Boosts Stellar Network Momentum

The XLM price is currently around $0.175 after pulling back from the $0.19 area, keeping the XLM price prediction centered on whether payments adoption can help the token reclaim $0.20.

MoneyGram's new card expands its blockchain strategy beyond transfers and cash conversion into day-to-day spending, using the Stellar network behind the scenes.

The digital card supports USDC at launch, while MoneyGram has said its own MGUSD stablecoin, issued natively on Stellar, is expected to be added later.