The virtual card spends the dollar balance inside the MoneyGram app and works anywhere Visa is accepted. MoneyGram promised the card a year ago and has not said which stablecoin now backs it.
MoneyGram's stablecoin Visa card in Colombia could accelerate global stablecoin adoption, reshaping cross-border transactions and financial inclusion.
MoneyGram has launched its first stablecoin-backed Visa card, developed with Rain and initially available in Colombia.
