MoneyGram International, Inc today announced plans to launch its own non-custodial digital wallet on stage at the Stellar Development Foundation annual Meridian conference.
The wallet, which will officially debut in Q1 2024, will enable consumers around the world to leverage stablecoin technology to seamlessly move from fiat to digital currency, to fiat again.
Once launched, wallet users will be able to visit any participating MoneyGram location to cash-out their digital assets to increase the utility of their holdings. Users will also be able to seamlessly send digital assets to other users in the wallet. Importantly, and unique to the industry, MoneyGram will apply its best-in-class global compliance screening capabilities to all wallet users.
As the Company rolls out the wallet next year, MoneyGram will expand the wallet’s capabilities…
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