MoneyGram Partners with Stripe-Incubated Tempo on Stablecoin Payments
Cointelegraph
MoneyGram has partnered with the Stripe-incubated Tempo blockchain to facilitate stablecoin settlements and validate cross-border remittance transactions.Summary
MoneyGram is deepening its involvement in blockchain technology by partnering with Tempo, a Layer 1 blockchain incubated by Stripe and Paradigm. MoneyGram will serve as an anchor remittance validator on the network, helping to validate transactions as it shifts toward operating blockchain infrastructure directly. This initiative supports Stripe's efforts to move treasury and payment flows onto stablecoin rails, aiming to reduce the friction and costs associated with traditional cross-border remittances. The move reflects a broader trend among major remittance firms, such as Western Union, to integrate stablecoins to improve transparency and efficiency in global financial transfers.
(Source：Cointelegraph)