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Live News CRYPTO ARTICLE M impact

MoneyGram launches stablecoin-backed Visa card in Colombia

MoneyGram launched its first stablecoin-backed Visa card, initially available in Colombia. Eligible customers can hold a stable-dollar balance, use the card where Visa is accepted, and transfer funds from their MoneyGram balance to make local purchases.

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MoneyGram, the 86-year-old global payments company, has launched its first stablecoin-backed Visa card, initially available in Colombia. Eligible customers can hold a stable-dollar balance, use the card wherever Visa is accepted and transfer funds from their MoneyGram balance to pick up local currency.