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Fortune
Fortune
Leo Schwartz

MoneyGram unveils non-custodial wallet to bridge the worlds of crypto and fiat currency with USDC

MoneyGram United States Alex Holmes Crypto blockchain Fortune Stellar
(Credit: Luke Dray—Getty Images)

The global payments platform MoneyGram announced on Tuesday that it's launching a non-custodial wallet to help its users move funds between fiat currency and USDC, a stablecoin pegged to the U.S. dollar.

The move represents the legacy fintech company's latest foray into crypto, with MoneyGram continuing its work with the Stellar blockchain to power its wallet.

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