- MoneyGram uses Fireblocks for instant, low-cost stablecoin payments.
- The partnership enhances liquidity, treasury operations, and multi-chain stablecoin settlements.
- Programmable infrastructure supports global real-time money transfers.
MoneyGram has partnered with Fireblocks to upgrade its global payments network using stablecoins, marking a significant step toward faster, more efficient, real-time cross-border financial flows.
The partnership highlights the expanding role of digital currencies in mainstream finance and reinforces MoneyGram’s commitment to modernize traditional payment systems while maintaining compliance and reliability.
Strengthening Global Payments with Stablecoins
Under the agreement, Fireblocks will provide MoneyGram with a secure stablecoin infrastructure and a programmable settlement layer that enables near-instant transactions across multiple blockchains.
This technology is designed to streamline fund movement, improve liquidity management, and optimize treasury operations so MoneyGram can offer faster and more cost-effective 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 endpoints.
Integrating Fireblocks’ infrastructure allows MoneyGram to move value efficiently across its extensive network while navigating complex regulatory environments in each market.
By leveraging Fireblocks’ capabilities, MoneyGram can consolidate its early investments in digital currency on/off ramps, stablecoin-enabled consumer features, and crypto-compliance infrastructure into a scalable solution.
Anthony Soohoo, Chairman and CEO of MoneyGram, emphasized that the partnership ushers in a new era of money movement, where funds can flow instantly across fiat and stablecoin rails.
MoneyGram’s move reflects a broader trend of traditional financial institutions adopting blockchain-based solutions to modernize cross-border payments.
Soohoo noted that Fireblocks’ secure, programmable infrastructure is essential to transforming global payments at scale and meeting consumer expectations for speed, transparency, and cost efficiency.
Increasing Speed and Efficiency of Payments
The collaboration also strengthens MoneyGram’s treasury functions by enabling real-time liquidity monitoring, pre-funding mechanisms with partners, and more efficient 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, said the partnership is designed to support both sides of the payment equation.
Senders increasingly expect faster, cheaper transfers, while recipients are holding funds longer in digital wallets and demanding immediate access to money.
Fireblocks’ infrastructure ensures MoneyGram can meet those needs globally, providing a reliable backbone for large-scale stablecoin activity.
Michael Shaulov, CEO of Fireblocks, described the collaboration as rebuilding cross-border settlement rails in real time.
By deploying multi-chain programmable infrastructure, the partnership increases the speed and reliability of global payments and serves the needs of millions of users who rely on these transfers daily.