MoneyGram selects Fireblocks to handle its stablecoin settlement

Techub News reported, according to The Block, that the remittance service company MoneyGram has chosen Fireblocks to handle its stablecoin settlements. Fireblocks will provide a "stablecoin infrastructure and programmable settlement layer" to enhance the "payment process." In September, Fireblocks launched an enterprise-grade stablecoin network aimed at helping cryptocurrency and financial companies transfer tokens pegged to the US dollar.