MoneyGram Introduces Visa Stablecoin Card to Simplify Global Remittances

MoneyGram Debuts Virtual Stablecoin Card in Colombia

MoneyGram has launched a Visa-branded stablecoin debit card, marking a new step in integrating cryptocurrency into global remittance services. The card is initially available as a virtual option in Colombia, compatible with Apple Wallet and Google Wallet.

Key Features of the New Card

• The MoneyGram Card is a stablecoin debit card, meaning it uses digital currency pegged to stable assets like the US dollar for transactions.
• It works with Visa, allowing users to make payments wherever Visa is accepted.
• Currently, it is a virtual card only, but physical cards are planned for later this year as the service expands to more countries.
• MoneyGram is collaborating with Rain, an infrastructure provider, to develop the card.

What MoneyGram Says About the Launch

In an official announcement, MoneyGram stated that the card gives customers more freedom to use their money wherever they go. The company highlighted its recent efforts in blockchain-based payments, including the launch of its MGUSD stablecoin on Stellar in June and expansion to Solana wallets last month.

Stablecoins and Global Remittances

The World Bank, in a September 2025 analysis, identified stablecoins as a key tool for reducing the cost of sending money across borders. The report found that debit cards are the lowest-cost method for receiving remittances, with an average fee of 3.61% of the amount sent. This supports the potential benefit of MoneyGram's new card.

Confirmed Details from the Launch

• MoneyGram launched the Visa stablecoin debit card on September 10, 2026.
• The card is available virtually in Colombia and can be added to Apple Wallet or Google Wallet.
• Physical card options and expansion to additional markets are planned for later in 2026.
• MoneyGram previously launched its MGUSD stablecoin on Stellar and integrated with Solana wallets.

Why This Development Matters for Cross-Border Payments

By using stablecoins, which are cryptocurrencies designed to maintain a stable value, MoneyGram aims to make remittances faster and cheaper. The World Bank's data suggests that such innovations could help lower the average 3.61% fee for receiving money via debit cards, potentially benefiting people who rely on international transfers.

What Happens Next in MoneyGram's Expansion

MoneyGram plans to introduce a physical version of the stablecoin card and expand its availability to more countries later this year. This follows similar moves by rivals like Western Union, which also launched a stablecoin card with Rain in August 2026.

Sources

• Cointelegraph
• MoneyGram Official Announcement
• World Bank Remittance Prices Report