MoneyGram launched a stablecoin-backed Visa card in Colombia, giving eligible customers a way to spend a stable-dollar balance through its app. The company said expansion into additional markets is planned. prnewswire.com
Customers can add the card to Apple Wallet or Google Wallet for online purchases and contactless payments. Cash access currently involves sending funds to themselves from their MoneyGram balance and collecting local currency at a MoneyGram location. prnewswire.com
The product combines Rain's card infrastructure, Crossmint's wallet capabilities and the Stellar network. MoneyGram also plans a physical card in late 2026, with ATM withdrawals among the proposed features. prnewswire.com
The distinction for prospective users is availability: Visa acceptance describes where the card can be spent, while the initial customer rollout is limited to Colombia. prnewswire.com