Tag: Stellar

The financial details weren’t disclosed, but the investment gave the Stellar Development Foundation a seat on MoneyGram’s board of directors. The Stellar Development Foundation (SDF) has become a minority investor in payments provider MoneyGram International. In an Aug. 15 X post, Stellar Development Foundation CEO and Executive Director Denelle Dixon announced the new investment saying…

One of Ukraine’s oldest commercial banks, Tascombank, is launching a Stellar-based pilot for an electronic hryvnia, a digital version of Ukraine’s national fiat currency. The pilot, supported by Ukraine’s Ministry of Digital Transformation, will test an electronic hryvnia in handling payroll for public employees along with peer-to-peer and merchant payments. In a statement published Tuesday,…

Financial services company MoneyGram International has partnered with the Stellar Development Foundation, a non-profit organization developing Stellar blockchain, to enable consumer’s cross-border transactions using popular stablecoin USD Coin (USDC) and convert directly to and from fiat. According to an announcement published Wednesday, MoneyGram’s network will integrate with the Stellar blockchain to enable cash funding and…

Each cryptocurrency has its own technological properties, appeal to buyers, and unique backstories. They are typically ranked by market capitalization because the value of a cryptocurrency reflects investor appetite. But behind the tokens, blockchains, and prices, there are more complex stories about each cryptocurrency. Nasdaq Inc. selected the top ten of the largest and most…