- MoneyGram adopts Fireblocks for instant, lower-cost payments using stablecoins.
- The partnership increases liquidity, treasury capabilities, and multi-chain stablecoin settlement.
- Programmable infrastructure supports real-time global money transfers.
MoneyGram has formed a partnership with Fireblocks to enhance its global payments network through the use of stablecoins, marking a major step toward faster, more efficient, real-time cross-border money flows.
The collaboration reflects the growing role of digital currencies in mainstream finance and underscores MoneyGram’s efforts to modernize traditional payment systems while maintaining compliance and reliability.
Strengthening global payments with stablecoins
Under the partnership, Fireblocks will provide MoneyGram with secure stablecoin infrastructure and a programmable settlement layer, enabling near-instant transactions across multiple blockchains.
This technology is designed to streamline the movement of funds, improve liquidity management, and optimize treasury operations, allowing MoneyGram to deliver faster, lower-cost services to customers around the world.
MoneyGram serves more than 50 million people annually, connecting over 200 countries and territories with nearly half a million retail locations and billions of digital access points.
Integrating Fireblocks’ infrastructure will allow MoneyGram to transfer value across its extensive network with greater efficiency while continuing to navigate complex regulatory landscapes in each market.
By leveraging Fireblocks’ capabilities, the company can consolidate early investments in on- and off-ramps for digital currencies, consumer features powered by stablecoins, and crypto compliance infrastructure into a scalable solution.
Anthony Soohoo, President and CEO of MoneyGram, emphasized that the partnership ushers in a new era of money movement, where funds can flow instantly across both fiat and stablecoin rails.
Notably, MoneyGram’s move mirrors a broader trend of traditional financial institutions integrating blockchain-based solutions to modernize cross-border payments.
Soohoo noted that Fireblocks’ secure, programmable infrastructure is essential for transforming global payments at scale and meeting rising consumer expectations for speed, transparency, and cost efficiency.
Increasing payment speed and efficiency
The collaboration also strengthens MoneyGram’s treasury operations, enabling real-time liquidity monitoring, pre-funding mechanisms with partners, and simplified reconciliation processes.
Fireblocks’ programmable settlement layer supports conditional transactions and more resilient liquidity pathways, giving MoneyGram the flexibility to introduce new features over time without disrupting user experience or compliance protocols.
Luke Tuttle, Chief Product and Technology Officer at MoneyGram, emphasized that the partnership is built to support both sides of the payments equation.
Senders increasingly expect faster, cheaper transfers, while recipients hold funds longer in digital wallets and demand instant availability of money.
Fireblocks’ infrastructure ensures MoneyGram can meet these needs globally, providing a reliable backbone for large-scale stablecoin operations.
Michael Shaulov, CEO of Fireblocks, described the collaboration as a real-time reengineering of cross-border rails for settlements.
By adopting programmable multi-chain infrastructure, the partnership boosts the speed and reliability of global payments, addressing the needs of millions of users who depend on these transfers every day.