- The new card will let users spend USDC balances wherever Visa is accepted, expanding stablecoins into everyday payments.
- Visa’s global network is helping stablecoins reach mainstream payments through millions of existing merchants and expanding card programmes.
MoneyGram is expanding its stablecoin strategy with a new card that allows customers to hold U.S. dollar-denominated balances and spend them anywhere Visa is accepted, a report reveals.
The MoneyGram Card will first launch in Colombia before expanding to other markets, with users able to access it through the company’s app and mobile wallets.
The card is expected to support Circle’s USDC, while MoneyGram’s own MGUSD stablecoin will be added later. A physical card with ATM withdrawal support is also expected later in 2026.
Developed with Rain, Crossmint, and the Stellar blockchain, this card reflects the growing use of stablecoins for everyday payments, remittances, and cross-border transactions.
According to PaymentScan data, Stablecoin card spending exceeded $1.1 billion in August.
“We’re giving customers more freedom and control to manage their money, all in one place.”
– Anthony Soohoo, MoneyGram CEO
This initiative is expected to build on MoneyGram’s stablecoin and digital-to-cash initiatives across more than 200 countries and territories.
Why Visa Networks Matter for Stablecoin Adoption
Visa’s global network can help stablecoins to move beyond crypto-native wallets by giving users access to millions of merchants that already accept Visa cards. The company says stablecoin-linked cards allow crypto and stablecoin wallets to connect directly to its network, while its settlement infrastructure can also process stablecoins behind the scenes.
Visa says it already supports more than 130 stablecoin-linked card programmes across over 40 countries. The company’s stablecoin settlement pilot had reached a $7 billion annualised run rate by March 2026, highlighting its growing role in stablecoin payments.
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