MoneyGram named ‘anchor remittance validator’ for Stripe-backed Tempo blockchain
The Block
MoneyGram has joined the Stripe-backed Tempo blockchain as an anchor remittance validator to support stablecoin settlements and global payment flows.Summary
MoneyGram has been appointed as an "Anchor Remittance Validator" for Tempo, a Layer 1 blockchain co-developed by Stripe and Paradigm. In this role, MoneyGram will validate remittance transactions and integrate stablecoin settlements into its global financial network. Joining other corporate validators like Stripe, Visa, and Zodia Custody, MoneyGram aims to leverage Tempo's infrastructure to enhance real-world payment solutions. This partnership aligns with MoneyGram's recent strategic pivot toward cryptocurrency, which includes utilizing stablecoins for settlements and providing fiat off-ramps for major crypto platforms.
(Source：The Block)