Cross-Border Money Transfer Provider MoneyGram to Launch Trading Platform with Stellar

Cross-border money transfer provider MoneyGram is partnering with Stellar to launch a stablecoin-based trading platform. The new service will allow Stellar wallet users to send Circle’s USD Coin (USDC) to recipients, who will be able to cash them out for fiat currency through the MoneyGram network. CEO of MoneyGram Alex Holmes said in an interview, "We’re trying to be a bridge from the crypto world to the fiat world."