MoneyGram Uses Fireblocks for Global Stablecoin Settlements

  • MoneyGram adopts Fireblocks for instant, low-cost stablecoin payments.
  • The partnership improves liquidity, treasury operations, and multi-chain stablecoin settlements.
  • Programmable infrastructure supports real-time global money transfers.

MoneyGram has partnered with Fireblocks to enhance its global payments network using stablecoins, marking a significant step toward faster, more efficient, real-time cross-border money flows.

The partnership reflects the growing role of digital currencies in mainstream finance and underscores MoneyGram’s effort to modernize traditional payment systems while maintaining compliance and reliability.

Strengthening global payments with stablecoins

Through the collaboration, Fireblocks will provide MoneyGram with secure stablecoin infrastructure and a programmable settlement layer that enables near-instant transactions across multiple blockchains.

This technology is designed to streamline fund movements, improve liquidity management, and optimize treasury operations, allowing MoneyGram to deliver faster and more affordable services to customers worldwide.

MoneyGram serves more than 50 million customers annually, connecting over 200 countries and territories, with nearly half a million retail locations and billions of digital endpoints.

Integrating Fireblocks’ infrastructure will allow MoneyGram to move value across its extensive network with greater efficiency while continuing to navigate complex regulatory environments in each market.

By leveraging Fireblocks’ capabilities, the company can consolidate its early investments in digital currency on/off ramps, stablecoin-backed consumer features, and crypto-compliance infrastructure into a scalable solution.

Anthony Soohoo, MoneyGram’s chairman and CEO, emphasized that the partnership ushers in a new era for money movement, where funds can flow instantly across both fiat and stablecoin rails.

Importantly, MoneyGram’s move mirrors a broader trend of traditional financial institutions adopting blockchain-based solutions to modernize cross-border payments.

Soohoo noted that Fireblocks’ secure and programmable infrastructure is critical to transforming global payments at scale and meeting consumers’ rising expectations for speed, transparency, and cost-effectiveness.

Faster, more efficient payments

The partnership also strengthens MoneyGram’s treasury operations by enabling real-time liquidity monitoring, pre-funding mechanisms with partners, and streamlined 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 the user experience or compliance protocols.

Luke Tuttle, MoneyGram’s Chief Product and Technology Officer, highlighted that the partnership is designed to support both sides of the payments equation.

Senders increasingly expect faster, lower-cost transfers, while recipients are keeping funds longer in digital wallets and demanding immediate access to their 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 rebuilding cross-border settlement rails in real time.

By applying multi-chain, programmable infrastructure, the partnership increases the speed and reliability of global payments and addresses the needs of millions of users who depend on these transfers daily.