May 26, 2025
MoneyGram, MGUSD, and Stellar: stablecoins doing real settlement work
Here the focus is MoneyGram, MGUSD, and Stellar, which put stablecoins to work as settlement money. It names real organizations and documents, so the claim can be checked.
The Settlement Layer
This material is about fiat-denominated value moving through the ecosystem, usually via issuance or settlement. The primary source is the MoneyGram MGUSD launch release, an announcement, with supporting material from the MoneyGram press release page and the CoinDesk coverage.
Why Settlement Rails Matter For Stellar
For the Stellar ecosystem, this matters because stablecoin activity can improve how useful a network is for payments and treasury operations. The broader research trail also includes the Stellar organization context.
The Settlement Screenshot

