The international money transfer system MoneyGram has established a partnership with the Tempo blockchain network. Within this framework, the company will support stablecoin settlements and participate in validating transactions on the network. The Tempo platform, incubated by Stripe, is a Layer 1 blockchain specializing in stablecoin transfers and cross-border payments. This is reported by Cointelegraph.com .
MoneyGram has attained the status of an "anchor remittance validator" on the network, participating not only in the use of blockchain technology but also in its direct governance. Previously, major financial giants such as Visa, Stripe, and Zodia Custody also began operating as validators on the Tempo network. According to Fed reports, stablecoins can be an effective solution to problems such as slowness and high costs in traditional cross-border payments.
Another major industry player, Western Union, is also becoming active in the blockchain space. In partnership with Crossmint, the company is developing its digital asset network and has launched the USDPT token on the Solana blockchain. According to World Bank data, the average commission fee for global remittances in the third quarter of 2025 was 6.36%, which is significantly higher than the targets set by international organizations.
Demand for stablecoins in the Latin American market is rising sharply. According to a report by the Bitso exchange, in 2025, stablecoins surpassed Bitcoin in terms of purchase volume on the platform for the first time, accounting for 40% of total operations. This trend indicates an increasing need among the population for savings and transfers based on the USD currency.
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