MoneyGram and Stellar extend their partnership to expand stablecoin services, launching in El Salvador after success in Colombia, boosting global financial inclusion.
MoneyGram has expanded its stablecoin services as it deepens its long partnership with Stellar Development Foundation. The company declared a new multi-year deal to expand real-world crypto usage. In addition, the update introduces stablecoin capabilities to El Salvador following a successful pilot in Colombia, with consistent regional expansion.
MoneyGram and Stellar expand stablecoin services across Latin America
This extension was verified by MoneyGram and Stellar Development Foundation in an event in Mexico City. The collaboration has already been over 5 years. Both groups have launched new digital payment and cash access tools since 2021. These consist of a massive network of on and off ramps of crypto users worldwide.
MoneyGram 🤝 @StellarOrg
We’re extending our five-year partnership with SDF, continuing to turn stablecoin potential into real-world utility and financial inclusion.
Building on our success in Colombia, the MoneyGram app’s stablecoin balance is now live in El Salvador.
Read… pic.twitter.com/9lbvyZlBeJ
— MoneyGram (@MoneyGram) April 22, 2026
Moreover, MoneyGram Ramps API enables developers to integrate with its payment network. This is a tool that assists apps to provide crypto cash services with ease. Moreover, the MoneyGram mobile application can now hold stablecoin balances. Users are able to store digital dollars or withdraw cash as and when they need it.
The new stage is dedicated to Latin America where the need in fast payments is increasing rapidly. The stablecoin option initially introduced in Colombia and was well adopted by users. It is now officially launched in El Salvador. It is likely that more nations in Central and South America will follow in 2026.
Stablecoin adoption grows with focus on remittances and financial access
The service is based on blockchain technology to transfer money faster and cheaper. It is supported by the network of Stellar and Crossmint and USDC stablecoin. Users can get money immediately into a digital balance that is pegged on the US dollar. They are also able to store money or take cash at the local MoneyGram outlets.
The system is particularly beneficial to families that rely on remittances. In these areas, a lot of individuals depend on cash payments to meet their daily needs. Thus, stablecoins offer a quicker and more secure method of accessing money. It also provides the users with greater control over the storage and use of funds.
MoneyGram CEO Anthony Soohoo stated that the company is making financial inclusion a reality. He described that the aim is to create an open payment network. This network will bridge the gap between the traditional money systems and digital assets. Consequently, users are able to experience quicker and cheaper transfers worldwide.
The partnership has been working on practical solutions within the last 5 years. Both groups did not work on theory but on real-world use cases. They linked the digital wallets to physical cash networks. This strategy benefited millions of users who continue to rely on cash-based systems.
MoneyGram and Stellar Boost Stablecoin Adoption Across 200 Countries
Stellar is the provider of the blockchain infrastructure of these services. It provides quick, safe, and trustworthy processing of transactions. In the meantime, MoneyGram introduces a colossal international network. It has operations in more than 200 countries and territories. It also possesses almost 500,000 retail outlets across the globe.
This is a potent scaling stablecoin adoption system. It bridges digital finance and physical access points. The service is likely to spread all over the world as more markets are incorporated. Thus, the collaboration might have a significant impact on the development of payment systems in the future.
The entry into El Salvador is a significant step. Digital finance tools have already attracted the attention of the country. Stablecoin services can now facilitate quicker remittance flows. This innovation can enhance access to finances among most underserved communities.
In the future, the two organizations will aim at further expanding their reach. They are striving to introduce stablecoin services in new areas all year round. As the need to make payments electronically increases, this collaboration will continue to expand. As a result, stablecoins may become a common tool for everyday financial use worldwide.