MoneyGram Introduces Visa-Branded Stablecoin Debit Card in Colombia

MoneyGram has launched a Visa‑branded stablecoin debit card, initially offered as a virtual card in Colombia that can be added to Apple Wallet or Google Wallet. The move expands the company’s blockchain‑based payment offerings and mirrors a similar product recently introduced by rival Western Union.

Card rollout and future plans

The virtual MoneyGram Card will be available immediately, with a physical version slated for later in the year as the service expands to additional markets.

Technology partners

MoneyGram is working with infrastructure provider Rain to power the new card. Western Union is also using Rain for its own stablecoin card, the Stablecard.

Stablecoin ecosystem

In June, MoneyGram launched its MGUSD stablecoin on the Stellar network and integrated it into its proprietary app via a self‑custodial wallet. The company also announced a connection with a Solana wallet last month, further broadening its crypto on‑ramps.

Industry context

The World Bank’s September 2025 analysis highlighted stablecoins as a key tool for lowering global remittance costs, noting that debit cards represent the lowest‑cost instrument at 3.61% of the transmitted amount.