Search results for MoneyGram
Crypto
MoneyGram joins Solana as validator, expands from remittances to blockchain operations
MoneyGram has joined the Solana blockchain as a validator, taking part directly in network security and transaction processing. Cointelegraph reported that MoneyGram will stake SOL and process transaction blocks, and has also joined Solana’s developer platform. MoneyGram said it integrated digital assets into its business about five years ago and now uses blockchain infrastructure and stablecoins across finance, product development and payments operations.
Crypto
Western Union\'s USDPT supported for trading on Bybit, expanding stablecoin strategy
Crypto exchange Bybit has begun supporting Western Union’s dollar-pegged stablecoin USDPT. The link marks USDPT’s first entry into a major crypto exchange and expands its use beyond payments to trading and transfers. The companies said USDPT can now be held, traded and sent on Bybit. USDPT was launched in May, issued by Western Union Digital with reserves held at Anchorage Digital Bank, and initially issued on Solana.
Crypto
MoneyGram expands blockchain payments through partnership with Tempo
MoneyGram is working with payments-focused blockchain Tempo to support stablecoin payments and verification of remittance transactions, Cointelegraph reported on Tuesday. Stripe plans to use Tempo infrastructure to settle MoneyGram transactions, the report said, describing the move as part of efforts to shift finance and payment flows to stablecoin-based rails. Tempo is a layer-1 blockchain developed by Stripe and Paradigm.
