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Western Union has selected Solana for its Digital Asset Network and USDPT stablecoin, which it expects to be rolled out in the first half of 2026. Financial services company Western Union has said its forthcoming stablecoin settlement system will use the Solana blockchain. Announced during the company’s third-quarter earnings call last week, the stablecoin system…
” Litecoin eyes $100 after ‘rare’ LTC price breakout “ Litecoin (LTC) could rise another 20% amid a rare trend reversal breakout that has already resulted in LTC outperforming most crypto assets in recent days. LTC’s not-so-bearish symmetrical triangle LTC’s price broke out of what earlier appeared to be a bearish symmetrical triangle. Symmetrical triangles…
” Crypto Biz: Was Celsius just a Ponzi after all? “ Crypto lender Celsius was one of the biggest casualties of the bear market. After halting withdrawals for months due to “extreme market conditions,” the distressed lender officially filed for Chapter 11 bankruptcy on July 13. Now, the federal judge overseeing the bankruptcy proceedings has…
” MoneyGram’s USDC transfer service launches in several countries “ Cross-border transfer service MoneyGram officially launched its stablecoin-powered payment channel on Friday, giving users the ability to send USD Coin (USDC) payments worldwide that can be withdrawn as cash by recipients. The service is being rolled out across several key remittance markets, including Canada, the…
” MoneyGram to open transfer platform with Stellar, eyes wallet deal in El Salvador “ MoneyGram International, one of the world’s largest cross-border transfer services, is partnering with the Stellar blockchain to create a stablecoin-based platform for money transfers. The new service will allow Stellar wallet users to send Circle’s USD Coin (USDC) to recipients,…
“# Moneygram buys 4% stake in crypto ATM operator Coinme ” Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round. In a Wednesday announcement, MoneyGram said it had purchased a roughly 4% ownership stake in Coinme — likely more than $764,000, given its valuation…
“# MoneyGram launches USDC settlement using the Stellar blockchain ” Financial services company, MoneyGram International, has partnered with the Stellar Development Foundation to enable consumers to send money using Circle’s popular stablecoin, USD Coin (USDC) and convert directly to and from fiat. Per a 6 Oct. announcement, MoneyGram has integrated support allowing crypto wallets connected…
“# MoneyGram to allow retail Bitcoin buying in the US ” Crypto adoption among mainstream payment service companies continues to grow, with MoneyGram set to join the list. In a release issued on Wednesday, the global payment service announced a partnership with crypto exchange and Bitcoin (BTC) ATM operator Coinme Inc., to allow United States…
“# Ripple and MoneyGram to ‘wind down’ partnership ” Ripple CEO Brad Garlinghouse has issued a statement announcing the fintech firm and MoneyGram International have together decided to “wind down” their partnership. However, the March 8 statement noted that both companies are committed to revisiting some form of partnership together in the future. Garlinghouse noted…
“# MoneyGram faces lawsuit over alleged false statements regarding XRP ” Payments company MoneyGram International has been sued over alleged false statements, made regarding its partnership with Ripple Labs and their XRP cryptocurrency. The class action lawsuit, filed on March 1 in California, was submitted on behalf of investors who purchased securities from MoneyGram between…