Deployments · platform by Crossmint

MoneyGram USDC app and card in Colombia

MoneyGram's app in Colombia lets customers receive, hold and send US dollars as USDC on Stellar in self-custody wallets run on Crossmint infrastructure, and cash out at MoneyGram locations. Announced in September 2025 with a waitlist, it added a stablecoin-backed virtual Visa card built by Rain in September 2026. MoneyGram plans to add its own MGUSD stablecoin and expand across Latin America.

Live (limited) since Sep 2026^[2]i — One market; the 2025 launch was waitlist-only, so live status is dated to the 2026 card launch report. · Reviewed 13d ago i

Assets

Stablecoin^[1]

USDC balances held by customers

Networks

Stellar Public, permissionless^[1]

Use cases i

Cross-border payments^[1]

Jurisdictions

Colombia, United States

Participants

• MoneyGramOperator^[1]United States
• CrossmintPlatform provider, Technology provider^[1]United States
• RainTechnology provider^[2]United States
• VisaDistributor^[2]United States
• CircleIssuer^[2]United States

Likely relevant regulation i

• US federal banking agencies' framework for bank crypto-asset, stablecoin and tokenisation activitiesUnited States
• GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act)United States

Assets

• Settles inUSD Coin (USDC)^[1]

Timeline

1. Happened 10 Sep 2026 · Scope expansion · recorded 11 Oct 2026
   MoneyGram launches a stablecoin-backed Visa card in Colombia built by Rain, spending USDC and allowing local cash pickup.^[2]
2. Happened 18 Sep 2025 · Announcement · recorded 11 Oct 2026
   MoneyGram unveils a USDC app for Colombia on Stellar with Crossmint, opening a waitlist.^[1]

Sources i