According to many reports, MoneyGram removes the mobile app in Colombia who allows users to accept, hold and submit the background stables, specifically USDC.
This service is placed as a hybrid: USD balance unpaid, earned and issued with an existing MoneyGram. The launch is set to start Colombia before the extensive region.
Stablecoins meet with the transfer agents
MoneyGram will use stellar blockchain to resolve and interact with the Wallet infrastructure crossmint.
Users will not be asked to carry the private keys or pay gas fees directly; The Weblockchain function is hidden behind the app.
Reports say MoneyGram has already launched over 6,000 Colombian lands, provided users to a light place to convert between USDC and Colombia Pesos.
Say hi a new reception 💸📲
Introducing the following MoneyGram® application:
🔔 Get foreign transfer immediately with real-time notifications
💲 Choose to convert money into Digital dollars to be able to be strong, or withdraw money in the MoneyGram area
🔒 … Pic.Twitterst.com/e0cin5QQTup– MoneyGram (@moneyGram) September 17, 2025
Why Some People May Use
Colombia Peso lost money in recent years, and that Powering Structure is a great reason for people who are interested in alleging a certain amount of USD-PEGGGE unit.
App promites quick cash detection on USDC Balance, which can reduce the delay that is tied to normal.
Cash-Ooniko To Pesos will take place on MoneyGram Agents, and the company plans card features that can allow users to use USD without the country without the country.
As of today, the market cap of cryptocurrencies stood at $3.41 trillion. Chart: TradingView
Control questions are left
According to reports, the controllers, KYCs and aml rules will formulate how the product has been issued and used.
The legalization legal framework in Colombia is still evident, and how the protection works on USDC stores is not fully defined in public documents. That can affect limits on transmission, to report rules and finances.
Image: European Pressphoto Agency
What are users to watch
The transformation fee between USDC and Pesos, Comments in agent, and any withdrawal costs are not fully defined in the original announcements.
Liquidity and USDC peg is one of the factors to stay in mind. While stablecoins aim to track the US dollar, the risks are supported, a reduction of liquidity and market pressure can affect that peg.
MoneyGram is launching basic jobs first and has said that spending debit cards on USD and Incess Plans for deposits are being planned but not available on the first day.
The firm describes the app as a way to give people more choices in the way they hold and distribute money, without requiring a deep knowledge of Crypto.
Picture included from Planetofhotels.com, Chart from TradingView Sell
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