Crossmint has partnered with MoneyGram to launch a stablecoin-powered cross-border payment service, starting in Colombia. This collaboration enables users to send, store, and spend U.S. dollar-denominated funds instantly and securely, revolutionizing MoneyGram's traditional remittance model and providing a more efficient and compliant payment solution.

Circle is launching a new payments and cross-border remittance network from its headquarters at One World Trade Center, aiming to compete with major players like Mastercard and Visa. The initiative will primarily target banks, fintechs, and remittance providers, leveraging the growing adoption of stablecoins like USDC to disrupt global money transfers. CEO Jeremy Allaire will present the vision for this new product at the launch event.