{"id":25650,"date":"2025-12-24T14:22:20","date_gmt":"2025-12-24T14:22:20","guid":{"rendered":"https:\/\/buvei.com\/blog\/?p=25650"},"modified":"2025-12-24T14:22:20","modified_gmt":"2025-12-24T14:22:20","slug":"moneygram-launches-stablecoin-pilot-in-latin-america","status":"publish","type":"post","link":"https:\/\/buvei.com\/blog\/moneygram-launches-stablecoin-pilot-in-latin-america\/","title":{"rendered":"MoneyGram Launches Stablecoin Pilot in Latin America"},"content":{"rendered":"<p data-start=\"332\" data-end=\"748\"><strong data-start=\"332\" data-end=\"359\">MoneyGram International<\/strong> is stepping into the digital currency space with <strong data-start=\"409\" data-end=\"434\">stablecoin technology<\/strong>, aiming to modernize <strong data-start=\"456\" data-end=\"481\">cross-border payments<\/strong> while addressing volatility in emerging markets. By leveraging <strong data-start=\"545\" data-end=\"574\">blockchain infrastructure<\/strong>, MoneyGram seeks to offer consumers more predictable value for their transfers, particularly in countries where local currencies fluctuate heavily against the U.S. dollar.<\/p>\n<p data-start=\"750\" data-end=\"1082\">The initiative, which began in Latin America, uses stablecoins <strong data-start=\"813\" data-end=\"834\">behind the scenes<\/strong>, ensuring customers benefit from digital currency technology without needing to understand or interact directly with it. According to CEO <strong data-start=\"973\" data-end=\"991\">Anthony Soohoo<\/strong>, this marks the beginning of what could be a transformative era for cross-border payments.<\/p>\n<p data-start=\"750\" data-end=\"1082\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25651\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1.jpg\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1.jpg 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1-300x168.jpg 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1-1024x573.jpg 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1-768x430.jpg 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1-1536x860.jpg 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1-400x224.jpg 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1-800x448.jpg 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1-832x466.jpg 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-78-1-1248x699.jpg 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/p>\n<h2 data-start=\"1089\" data-end=\"1129\">Why MoneyGram Is Using Stablecoins<\/h2>\n<p data-start=\"1131\" data-end=\"1431\">Stablecoins are <strong data-start=\"1147\" data-end=\"1195\">digital currencies pegged to fiat currencies<\/strong>, typically the U.S. dollar, designed to reduce the volatility commonly associated with cryptocurrencies. For MoneyGram, stablecoins provide a <strong data-start=\"1338\" data-end=\"1380\">stable, <a href=\"https:\/\/buvei.com\/blog\/how-to-link-a-virtual-card-to-telegram-premium-safely\/\">predictable medium of exchange<\/a><\/strong> for users in countries with fluctuating economies.<\/p>\n<p data-start=\"1433\" data-end=\"1535\">The company\u2019s first pilot, launched in <strong data-start=\"1472\" data-end=\"1497\">Colombia in September<\/strong>, integrates three key technologies:<\/p>\n<ul data-start=\"1536\" data-end=\"1748\">\n<li data-start=\"1536\" data-end=\"1603\">\n<p data-start=\"1538\" data-end=\"1603\"><strong data-start=\"1538\" data-end=\"1560\">Stellar blockchain<\/strong> for secure, fast transaction settlement.<\/p>\n<\/li>\n<li data-start=\"1604\" data-end=\"1673\">\n<p data-start=\"1606\" data-end=\"1673\"><strong data-start=\"1606\" data-end=\"1641\">Crossmint wallet infrastructure<\/strong> to manage stored-value funds.<\/p>\n<\/li>\n<li data-start=\"1674\" data-end=\"1748\">\n<p data-start=\"1676\" data-end=\"1748\"><strong data-start=\"1676\" data-end=\"1704\">Circle\u2019s USDC stablecoin<\/strong> to peg customer funds to the U.S. dollar.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1750\" data-end=\"1929\">By using stablecoins in the backend, MoneyGram ensures that funds remain stable during transfers, which protects customers from currency depreciation and reduces conversion costs.<\/p>\n<h2 data-start=\"1936\" data-end=\"1964\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25507\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9.png\" alt=\"\" width=\"1024\" height=\"307\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-832x249.png 832w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/h2>\n<h2 data-start=\"1936\" data-end=\"1964\">Focus on Latin America<\/h2>\n<p data-start=\"1966\" data-end=\"2189\">MoneyGram is targeting <strong data-start=\"1989\" data-end=\"2017\">Latin American countries<\/strong> for its initial stablecoin rollout, including Colombia, Mexico, El Salvador, Honduras, Guatemala, Venezuela, and Haiti. There are two strategic reasons behind this choice:<\/p>\n<ol data-start=\"2191\" data-end=\"2678\">\n<li data-start=\"2191\" data-end=\"2419\">\n<p data-start=\"2194\" data-end=\"2419\"><strong data-start=\"2194\" data-end=\"2227\">Physical presence and support<\/strong> \u2013 MoneyGram operates numerous locations in the region, allowing customers to access in-person assistance if needed. This omnichannel approach helps ensure smooth adoption of new technology.<\/p>\n<\/li>\n<li data-start=\"2420\" data-end=\"2678\">\n<p data-start=\"2423\" data-end=\"2678\"><strong data-start=\"2423\" data-end=\"2451\">High currency volatility<\/strong> \u2013 Several countries in the region experience rapid fluctuations in local currencies. Pegging funds to the U.S. dollar protects customers from potential losses, offering them a more secure and predictable value for their money.<\/p>\n<\/li>\n<\/ol>\n<p data-start=\"2680\" data-end=\"2932\">For consumers, the experience is straightforward: they see their funds pegged to the U.S. dollar in the MoneyGram app, without needing to know that a stablecoin is involved. This <strong data-start=\"2859\" data-end=\"2883\">seamless integration<\/strong> simplifies adoption while delivering real value.<\/p>\n<h2 data-start=\"2939\" data-end=\"2967\">Benefits for Consumers<\/h2>\n<p data-start=\"2969\" data-end=\"3061\">By leveraging <strong data-start=\"2983\" data-end=\"3003\">USDC stablecoins<\/strong>, MoneyGram provides several advantages for its customers:<\/p>\n<ul data-start=\"3063\" data-end=\"3461\">\n<li data-start=\"3063\" data-end=\"3204\">\n<p data-start=\"3065\" data-end=\"3204\"><strong data-start=\"3065\" data-end=\"3109\">Protection against currency depreciation<\/strong>: Users in volatile economies retain more value when holding funds pegged to the U.S. dollar.<\/p>\n<\/li>\n<li data-start=\"3205\" data-end=\"3331\">\n<p data-start=\"3207\" data-end=\"3331\"><strong data-start=\"3207\" data-end=\"3224\">Reduced costs<\/strong>: With stablecoins, the conversion process is more efficient, potentially saving money on exchange rates.<\/p>\n<\/li>\n<li data-start=\"3332\" data-end=\"3461\">\n<p data-start=\"3334\" data-end=\"3461\"><strong data-start=\"3334\" data-end=\"3357\">Seamless experience<\/strong>: Funds are stored in the app without requiring users to interact with blockchain technology directly.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3463\" data-end=\"3689\">Soohoo notes that these features can help consumers hold value over time. For example, if a user waits seven days to convert funds in a volatile economy, they are more likely to preserve purchasing power due to the dollar peg.<\/p>\n<h2 data-start=\"3696\" data-end=\"3746\">Regulatory Context and Industry Implications<\/h2>\n<p data-start=\"3748\" data-end=\"4003\">MoneyGram\u2019s stablecoin strategy aligns with broader regulatory developments. The recently enacted <strong data-start=\"3846\" data-end=\"3860\">Genius Act<\/strong> in the U.S. provides a framework for digital currency operations, which could accelerate stablecoin adoption across global financial services.<\/p>\n<p data-start=\"4005\" data-end=\"4290\">Soohoo likens stablecoins today to the <a href=\"https:\/\/buvei.com\/blog\/automate-payments-with-api-to-generate-virtual-cards\/\"><strong data-start=\"4044\" data-end=\"4066\">early internet era<\/strong><\/a>: initially underestimated, but capable of transforming commerce and payments over time. While the pilot is still in the early stages, he believes the technology will become a major theme in the industry in the coming years.<\/p>\n<p data-start=\"4292\" data-end=\"4518\">Although the company has not announced a U.S. rollout yet, MoneyGram is focused on <strong data-start=\"4375\" data-end=\"4401\">perfecting the product<\/strong> before expanding into domestic markets, ensuring reliability and compliance in more complex regulatory environments.<\/p>\n<h2 data-start=\"4525\" data-end=\"4538\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25652\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79.jpg\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79.jpg 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79-300x168.jpg 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79-1024x573.jpg 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79-768x430.jpg 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79-1536x860.jpg 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79-400x224.jpg 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79-800x448.jpg 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79-832x466.jpg 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-79-1248x699.jpg 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/h2>\n<h2 data-start=\"4525\" data-end=\"4538\">Conclusion<\/h2>\n<p data-start=\"4540\" data-end=\"4850\">MoneyGram\u2019s stablecoin pilot in Latin America represents a <strong data-start=\"4599\" data-end=\"4658\">strategic step toward modernizing cross-border payments<\/strong>. By integrating blockchain technology and pegged digital currencies behind the scenes, the company offers consumers a secure, predictable, and efficient way to transfer money internationally.<\/p>\n<p data-start=\"4852\" data-end=\"5268\">This initiative highlights a broader trend: <strong data-start=\"4896\" data-end=\"4943\">stablecoins are not just speculative assets<\/strong>, but practical tools that can enhance financial inclusion, protect against currency volatility, and streamline payments in emerging markets. As MoneyGram continues to test and expand these services, the company is positioning itself at the forefront of the <strong data-start=\"5201\" data-end=\"5267\">digital transformation in remittances and cross-border finance<\/strong>.<\/p>\n<p data-start=\"4852\" data-end=\"5268\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25507\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9.png\" alt=\"\" width=\"1024\" height=\"307\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/12\/buvei-9-832x249.png 832w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"MoneyGram International is stepping into the digital currency space with stablecoin technology, aiming to modernize cross-border payments while&hellip;","protected":false},"author":4,"featured_media":25651,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":""},"categories":[2516,1259,1],"tags":[24245,24247,1701,9638,24243,24249,24241,1913],"class_list":{"0":"post-25650","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-case-studies","8":"category-guides-en","9":"category-payment-basics","10":"tag-blockchain-payments","11":"tag-currency-volatility","12":"tag-digital-wallets","13":"tag-financial-inclusion","14":"tag-latin-america-remittances","15":"tag-moneygram-app","16":"tag-moneygram-stablecoins","17":"tag-usdc-en","18":"cs-entry"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/25650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/comments?post=25650"}],"version-history":[{"count":0,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/25650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media\/25651"}],"wp:attachment":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media?parent=25650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/categories?post=25650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/tags?post=25650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}