- MoneyGram adopts Fireblocks for instant, low-cost stablecoin payments.
- The partnership enhances liquidity, treasury, 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, and real-time cross-border financial flows.
The collaboration reflects the growing role of digital currencies in mainstream finance and highlights MoneyGram’s push to modernize traditional payment systems while maintaining compliance and reliability.
Strengthening global payments with stablecoins
Through the partnership, Fireblocks will provide MoneyGram with a secure stablecoin infrastructure and a programmable settlement layer, enabling near-instant transactions across multiple blockchains.
This technology is designed to streamline the movement of funds, improve liquidity management, and optimize treasury operations, allowing MoneyGram to offer faster, lower-cost services to its customers around the world.
MoneyGram serves over 50 million people annually, connecting more than 200 countries and territories, with nearly half a million retail locations and billions of digital endpoints.
The integration of Fireblocks’ infrastructure will allow MoneyGram to move value across its vast network with enhanced efficiency while continuing to navigate complex regulatory landscapes 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 enables a new era of money movement, where funds can flow instantly across both fiat and stablecoin rails.
Notably, 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 and programmable infrastructure is critical to transforming global payments at scale and meeting the growing expectations of consumers for speed, transparency, and cost efficiency.
Boosting speed and efficiency in payments
The collaboration also strengthens MoneyGram’s treasury operations, enabling real-time monitoring of liquidity, pre-funding mechanisms with partners, and streamlined reconciliation processes.
Fireblocks’ programmable settlement layer supports conditional transactions and more resilient liquidity pathways, providing MoneyGram with the flexibility to introduce new features over time without disrupting user experience or compliance protocols.
Luke Tuttle, MoneyGram’s Chief Product and Technology Officer, highlighted that the partnership is built to support both sides of the payment equation.
Senders increasingly expect faster and cheaper transfers, while receivers are holding funds longer in digital wallets and demanding instant availability of money.
Fireblocks’ infrastructure ensures that MoneyGram can meet these needs globally, providing a reliable backbone for stablecoin operations at scale.
Michael Shaulov, CEO of Fireblocks, described the collaboration as a rebuild of cross-border settlement rails in real time.
By adopting multi-chain, programmable infrastructure, the partnership enhances the speed and reliability of global payments, addressing the needs of millions of users who rely on these transfers daily.
