Western Union and MoneyGram Launch Rival Dollar Stablecoins to Survive Crypto

Four-Minute Transfers Upend How Money Moves Around the World

The biggest problem facing money-transfer companies like Western Union Co. and MoneyGram International Inc. can be boiled down to two numbers: four minutes and three days.

Stablecoins Turn MoneyGram Into More Than a Cash Counter

Stablecoin infrastructure powers that balance, but MoneyGram has not said where it is available or which token backs it outside […]

Western Union and MoneyGram launch rival dollar stablecoins to survive crypto

Western Union's USDPT went live May 4, 2026 in the Philippines and Bolivia via Anchorage Digital Bank, while MoneyGram's MGUSD runs on Stellar through Stripe's Bridge, reaching 60 million customers across nearly 500,000 retail locations.