MoneyGram to Become a Bridge Between the Crypto and Fiat Worlds

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MoneyGram CEO Alex Holmes has said the company’s immediate plans are to become a kind of “bridge between the crypto and fiat worlds.”

Now, the company specializing in international transfers has announced it has decided to direct its efforts towards intensive involvement in the digital industry.

In particular, according to a press release shared by the company, MoneyGram intends to launch in the near future in cooperation with the Stellar project a web platform for money transfers based on stablecoins.

In the future, Stellar wallet users will be able to send USDC to recipients, who will be able to cash them out in fiat currency through the MoneyGram network in just a few minutes.

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