moneygram

According to BBX data, yesterday and in recent days, major global stock exchanges and cross-border payment giants disclosed the latest business developments in the tokenized stock ecosystem and stablecoin retail settlement, with the core dynamics as follows:Nasdaq Ventures plans to invest $100 million in Kraken's parent company, with stock tokens set to launch in 2027: Cryptocurrency exchange giant Kraken's parent company Payward announced an expansion of its strategic cooperation with Nasdaq. Nasdaq's strategic investment division, Nasdaq Ventures, has reached an agreement with Payward to inject $100 million into it. The two parties will jointly promote the operational system and commercial infrastructure of Nasdaq Equity Tokens (NETs), which are expected to officially hit the market in the second quarter of 2027, and deeply connect Payward's xStocks tokenized equity ecosystem through the established cooperation framework.MoneyGram launches stablecoin debit card, initially supporting USDC for Visa network spending: Global traditional cross-border remittance giant MoneyGram announced the launch of a payment card supported by stablecoins. This card allows users to make purchases directly within the global merchant network that accepts Visa, with the initial market set in Colombia, gradually expanding to other countries and regions over the following months. Users can register through the MoneyGram App and link the electronic card to their mobile wallet for online and offline spending, as well as transfer funds to themselves and redeem local fiat currency cash at global offline locations. Initially, the card will support USDC issued by Circle, with plans to further integrate MoneyGram's proprietary stablecoin MGUSD in the future.

According to The Block, global payment company MoneyGram has launched its first stablecoin Visa card in Colombia, developed with the assistance of stablecoin payment infrastructure company Rain.The card is currently available in digital form, allowing users to hold a USD stablecoin balance within the MoneyGram app and make online and offline payments through the Visa network. Users can also exchange their balance for local cash and withdraw it at MoneyGram locations.Initially, the card supports USDC, and MoneyGram plans to add its own stablecoin MGUSD in the near future. The company also plans to launch a physical card by the end of 2026 and will first expand its business to other markets in Latin America.

According to CoinDesk, the cross-border payment company MoneyGram announced the expansion of its cash and cryptocurrency exchange service MoneyGram Ramps to Solana, allowing wallets, exchanges, and developers within the Solana ecosystem to access its global cash network.The service supports two-way exchanges between cash and digital assets, with cash deposits covering over 25 countries and cash withdrawals covering over 170 countries and regions. MoneyGram had previously launched a cash deposit and withdrawal service based on USDC in partnership with Stellar and issued the dollar-backed stablecoin MGUSD, continuously expanding its stablecoin payment and remittance business.

According to The Block, payment company MoneyGram has become a validator on the Solana blockchain and joined the Solana Developer Platform, officially entering the Solana ecosystem. Solana is the third public blockchain where MoneyGram operates as an official validator, having previously operated validators on Tempo and Midnight Network.MoneyGram CEO and Chairman Anthony Soohoo stated that serving as a validator allows MoneyGram to stake SOL, process transaction blocks, and contribute to the security and performance of the Solana network. Joining the Solana Developer Platform enables it to gain tool support for building and issuing financial products alongside institutions like Mastercard.

According to CoinDesk, MoneyGram announced the launch of the dollar stablecoin MGUSD on the Stellar blockchain, which will be integrated into its official app, allowing users to hold dollar-denominated balances in self-custody wallets and make cross-border transfers through its global network.MGUSD is issued by Bridge, a subsidiary of Stripe, with M0 providing smart contracts and Fireblocks supplying wallet infrastructure. The product has been launched first in the United States and will subsequently be promoted globally to its approximately 60 million users and nearly 500,000 offline locations, serving as one of the core infrastructures of MoneyGram's cross-border payment network.

According to PR Newswire, global payment giant MoneyGram announced a strategic partnership with Layer 1 blockchain Tempo to become its core validation node for cross-border remittances (Anchor Remittance Validator) and participate in network transaction validation.The three parties will jointly build a global interoperable payment network based on stablecoins, promoting on-chain settlement in real fund flows, while Stripe will provide on-chain stablecoin settlement services for MoneyGram on the Tempo infrastructure.

According to BBX data, this week the outflow channels of cryptocurrency infrastructure and the forward-looking financial reports of mining companies are advancing on two fronts, with the core dynamics as follows:Kraken (parent company Payward, Inc.) and the global payment network MoneyGram announced the establishment of a global strategic partnership through PR Newswire on May 5. Kraken users can withdraw cash exchanged for cryptocurrency in hundreds of fiat currencies at nearly 500,000 MoneyGram physical locations covering over 100 countries; initially focusing on cryptocurrency outflows, with plans to expand to local bank deposits and cross-border remittance flows; Kraken is responsible for customer identity verification, while MoneyGram provides licensed remittance services and compliance frameworks. Kraken co-CEO Arjun Sethi confirmed in an interview with Fortune that the company's IPO progress is "close to 80%," having previously submitted its confidential S-1 filing to the SEC. Bloomberg estimates the current valuation at approximately $13.3 billion based on a $200 million equity investment from Deutsche Börse.MARA Holdings, Inc. (NASDAQ: $MARA) officially announced on ir.mara.com on May 4 that its Q1 2026 financial report will be released after the market closes on May 11, with a conference call scheduled for 5:00 PM (ET); analyst consensus expects an EPS of approximately -$2.34 and revenue of about $184.2 million. As of the end of 2025, the company holds 53,822 BTC, with full-year revenue for 2025 at $907 million (up 38% year-on-year) and a hash rate of 66.4 EH/s; during Q1 2026, the price of BTC fell from about $87,000 to around $68,000, putting pressure on the mining company's total costs. The market will focus on the progress of its AI/HPC data center transformation and the rollout pace of the Starwood JV, which exceeds 1 gigawatt capacity.The U.S. Department of Labor released the April non-farm employment data on May 8, showing an increase of 115,000 jobs, nearly double the market expectation; Bitcoin maintained a range of $79,000---$80,000 after the data was released, with the market interpreting this "soft landing" signal as favorable for risk assets—an unheated job market means an increased probability of the Federal Reserve maintaining current interest rates, keeping the mid-term liquidity environment for cryptocurrency stable. The monthly net inflow for Bitcoin spot ETFs in April was approximately $2.44 billion, the strongest single month data of the year; April's monthly close rose by 16%, and if May's closing price remains above $76,000, it will confirm three consecutive months of positive monthly closes for Bitcoin, which Fundstrat founder Tom Lee defines as a "bear market ending signal."

Kraken co-CEO Arjun Sethi stated at the Consensus Miami conference that the preparations for KrakenIPO are about 80% complete, and the company has submitted an application to the U.S. Securities and Exchange Commission, currently waiting for the right market window.Kraken also announced a partnership with MoneyGram, where both parties will collaborate on scenarios involving the exchange of crypto assets and cash to address the "last mile" cash access issue. MoneyGram currently has approximately 500,000 retail locations worldwide. Executives from both sides stated that stablecoins are expected to reduce costs and efficiency losses in payment systems, especially in regions with weaker financial infrastructure.

ChainCatcher news, according to CoinDesk, the payment giant MoneyGram has announced that its new application will incorporate a stablecoin pegged to the US dollar and a blockchain settlement track, supported by Circle's USDC stablecoin, the Stellar blockchain, and wallet company Crossmint.

ChainCatcher news, according to Jinshi Data reports, the CEO of global payment giant MoneyGram stated that the stablecoin legislation will be a huge breakthrough for business development.

ChainCatcher news, according to prnewswire, cross-border payment giant MoneyGram has announced the appointment of Luke Tuttle as Chief Technology Officer, who will be responsible for leading product development and technology, overseeing engineering, platform operations, information security, and emerging technologies such as blockchain, and will report directly to MoneyGram Chairman and CEO Anthony Soohoo, who has previously worked at companies like Klarna, Experian, and eBay.

ChainCatcher news, according to Fortune magazine, cross-border payment giant MoneyGram announced on Tuesday that it will launch a non-custodial wallet to help users transfer funds between fiat currencies and the US dollar stablecoin USDC. MoneyGram continues to utilize the Stellar blockchain to support its wallet.MoneyGram CEO Alex Holmes stated that the company has undergone a digital transformation over the past five years to "eliminate the misconception" that it will be replaced by cashless products. He said, "We are redefining what it truly means to transfer funds between fiat currencies."Unlike many non-custodial wallets, MoneyGram's new product will have full KYC requirements and will only be compatible with other MoneyGram wallets. While this limits its functionality within the broader crypto ecosystem, it also protects MoneyGram from regulatory scrutiny.

ChainCatcher news, the Stellar Development Foundation (SDF) announced a strategic investment in MoneyGram International (MGI). This investment will drive MGI to expand its digital business, explore blockchain technology, and investigate many other ways to help consumers and businesses transfer and manage funds globally.Previously reported, the CEO of the Stellar Development Foundation joined the new board of directors of the cross-border payment giant MoneyGram.

ChainCatcher news, cross-border payment giant MoneyGram has announced the establishment of a new board member, with Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, becoming one of the directors. Other directors include MoneyGram CEO Alex Holmes, former Chief Experience Officer of EA Chris Bruzzo, and founder and CEO of EthosData Francisco Lorca, among others.The new board will focus on guiding the company's digital innovation strategy and helping MoneyGram further enhance its digital business and cross-border capabilities.

ChainCatcher news, the international remittance platform MoneyGram has added cryptocurrency purchase services to its mobile application, allowing almost all U.S. customers to buy, sell, and hold BTC, ETH, and LTC. The new feature is supported by the cryptocurrency exchange Coinme, in which MoneyGram made a strategic minority investment earlier this year. (Coindesk)