- MoneyGram adopts Fireblocks for instant, cost-effective stablecoin payments.
- The partnership enhances liquidity, treasury, and multi-chain stablecoin settlement.
- Programmable infrastructure enables real-time global money movement.
MoneyGram has partnered with Fireblocks to upgrade its global payment network using stablecoins, marking an important move toward faster, more efficient real-time cross-border financial flows.
The partnership reflects the growing role of digital currencies in mainstream finance and highlights MoneyGram’s commitment to modernizing 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 the movement of funds, improve liquidity management, and optimize treasury operations so MoneyGram can offer faster and more affordable services to customers worldwide.
MoneyGram serves over 50 million people each year across more than 200 countries and territories, with nearly half a million retail locations and billions of digital endpoints.
Integrating Fireblocks’ infrastructure will allow MoneyGram to transfer value across its extensive network more efficiently while continuing to navigate the 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 both fiat and stablecoin rails.
MoneyGram’s initiative mirrors a broader trend of traditional financial institutions adopting blockchain-based solutions to modernize cross-border payments.
Soohoo noted that Fireblocks’ secure, programmable infrastructure is critical to transforming global payments at scale and meeting consumers’ rising expectations for speed, transparency, and cost efficiency.
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 collaboration is built to support both sides of the payment equation.
Senders increasingly expect faster, lower-cost transfers, while receivers often hold funds longer in digital wallets and require immediate access to cash.
Fireblocks’ infrastructure ensures MoneyGram can meet those needs globally, providing a reliable backbone for large-scale stablecoin operations.
Michael Shaulov, CEO of Fireblocks, described the partnership as rebuilding the rails for cross-border settlement in real time.
By adopting 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 every day.