- MoneyGram adopts Fireblocks for instant, low-cost payments using stablecoins.
- The partnership enhances liquidity, treasury operations, and multi-chain stablecoin settlement.
- Programmable infrastructure supports real-time global money transfers.
MoneyGram has partnered with Fireblocks to upgrade 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 highlights the growing role of digital currencies in mainstream finance and underscores MoneyGram’s push to modernize traditional payment systems while maintaining compliance and reliability.
Strengthening global payments with stablecoins
Under the partnership, 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 simplify the movement of funds, improve liquidity management, and streamline treasury operations, enabling MoneyGram to offer faster, lower-cost services to customers around the world.
MoneyGram serves over 50 million people each year, connecting more than 200 countries and territories through 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 operate within complex regulatory frameworks in each market.
By leveraging Fireblocks’ capabilities, the company can consolidate its initial investments in digital currency on- and off-ramps, consumer-facing stablecoin features, 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.
MoneyGram’s move reflects a broader trend of traditional financial institutions integrating blockchain-based solutions to modernize cross-border payments.
Soohoo noted that Fireblocks’ secure, programmable infrastructure is critical for transforming large-scale global payments and meeting rising consumer expectations for speed, transparency, and cost efficiency.
Increasing speed and efficiency in payments
The collaboration also strengthens MoneyGram’s treasury operations by enabling real-time liquidity monitoring, pre-funding mechanisms with partners, and simplified reconciliation processes.
Fireblocks’ programmable settlement layer supports conditioned transactions and more resilient liquidity pathways, giving MoneyGram the flexibility to introduce new capabilities over time without compromising user experience or compliance protocols.
Luke Tuttle, Chief Product and Technology Officer at MoneyGram, said the partnership is built to support both sides of the payment equation.
Senders increasingly expect faster, cheaper transfers, while recipients are holding funds longer in digital wallets and require immediate availability of money.
Fireblocks’ infrastructure ensures MoneyGram can meet these demands globally, providing a reliable backbone for large-scale stablecoin operations.
Michael Shaulov, CEO of Fireblocks, described the collaboration as a real-time reimagining of cross-border settlement rails.
By adopting a multi-chain, programmable infrastructure, the partnership boosts the speed and reliability of global payments, addressing the needs of millions of users who rely on these transfers every day.