MoneyGram went live with stablecoin orchestration in under a month with Crossmint.
Want to launch on stablecoin rails? Let’s chat: crossmint.com/contact/sales?…
Read more about MGUSD in the blog from MoneyGram CPTO @LukeTuttle2049:
Crossmint makes this entire flow possible.
Our stablecoin orchestration layer handles every MGUSD payout. At consumer scale with built-in compliance.
And every recipient gets a fully self-custodial wallet they own and control, inside a familiar user experience embedded directly
How MGUSD payments work in the app today via Crossmint:
∙ MoneyGram funds a payout wallet with MGUSD
∙ When a payout is triggered, Crossmint routes funds from that wallet to the recipient
∙ The recipient receives their payout in a self-custodial wallet, embedded directly in
MGUSD aims to give millions of underbanked and unbanked users access to a stable digital dollar.
For many recipients, this means not losing value to local currency volatility the same day it arrives.
Crossmint orchestration and wallets now power MGUSD, @MoneyGram's new stablecoin for their 50M+ users across 200 countries.
We’re enabling stablecoin remittances for one of the world’s largest money movement networks, at scale. Here’s how ⬇️
Here’s how the solution works:
For enterprises, Paga converts and pays out in local fiat across Africa, settling in stablecoins on Crossmint's rails. Or vice versa.
For consumers, non-custodial smart wallets inside the Paga app, powered by Crossmint, to hold and move
Paga has the users, the trust, and the local rails.
What they needed was the global stablecoin layer on top: orchestration, wallets, and multi-chain settlement. All without building it from scratch.
That’s what Crossmint provided.
As Africa's leading payments infrastructure, @paga processes 169M txs per year, serves 29M+ users, and has moved $44B+ since launch.
Their enterprise platform, Paga Engine, powers payments for Meta, LemFi, Qatar Airways, and 300+ businesses across the continent.
Stablecoin-powered instant global payments are coming to millions across Africa. 🌍
We’re partnering with @paga to combine our stablecoin orchestration and embedded wallets with Paga Engine on/offramps, so any enterprise can pay out and settle globally in 50+ blockchains.