MoneyGram Partners With Stellar and Circle for Blockchain-Powered Near-Instant Money Transfers

On Wednesday (October 6), MoneyGram International, Inc. (NASDAQ: MGI), one of the world's largest money transfer companies, announced a partnership with the Stellar Development Foundation, a non-profit organization that supports the development and growth of Stellar, an open network for storing and moving money. According to the press release, this partnership will “enable cash funding and payout.

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