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MoneyGram introduced a new Visa-branded card that allows users to spend USDC, the stablecoin issued by Circle, marking a notable partnership between a traditional remittance company and a major stablecoin issuer. The move comes as Circle has emerged as a preferred partner over Ripple, which had previously been seen as a potential collaborator for such initiatives. The launch reflects growing efforts by payment companies to integrate stablecoins into everyday consumer spending, as regulatory clarity around dollar-pegged digital assets improves and demand grows for crypto-linked payment products.
Sources:Yahoo Finance