MoneyGram rolls out a stablecoin card that works anywhere Visa is accepted
TL;DR:
- MoneyGram launched a stablecoin-backed card that allows users to spend digital dollars at any merchant that accepts Visa.
- The card will initially use Circle’s USDC and later its own MGUSD token; it launches first in Colombia before expanding to other markets.
- Stablecoin card spending volume surpassed $1.1 billion in August, according to PaymentScan data.
MoneyGram announced the launch of a stablecoin-backed card that allows its customers to hold a balance denominated in US dollars and spend it at any merchant that accepts Visa.
The company presented the product at the Consensus 2026 event, where Anthony Soohoo, president and CEO of MoneyGram, led the presentation. The card will be available first in Colombia, with plans to expand to other markets in the coming months.
Meet the MoneyGram Card.
A stablecoin-backed card built to give customers more freedom to hold, access and spend their money, all within the MoneyGram experience they already know.
𝗕𝘂𝗶𝗹𝘁 𝗶𝗻𝘁𝗼 𝗠𝗼𝗻𝗲𝘆𝗚𝗿𝗮𝗺
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