Moneygram Taps Fireblocks for Stablecoin Payments Expansion: A Bold Move in Digital Finance
Moneygram just made its biggest crypto play yet—partnering with Fireblocks to supercharge its stablecoin infrastructure. This isn't just an experiment; it's a full-scale assault on the traditional cross-border payment system.
Why This Partnership Changes Everything
Fireblocks brings enterprise-grade security to the table—the same infrastructure trusted by major financial institutions. Moneygram gets instant access to a battle-tested platform while avoiding the multi-year development cycle. It's a classic case of 'why build when you can buy?'
The Real Target: Remittance Fees
Traditional money transfers bleed users dry with hidden fees and terrible exchange rates. Stablecoins bypass all that nonsense—settling in minutes for pennies. Moneygram's move signals they're finally serious about competing with crypto-native services that have been eating their lunch for years.
Institutional Adoption Accelerates
When legacy players like Moneygram make moves this public, it tells the market something important: digital assets are no longer optional. They're becoming mandatory infrastructure for anyone who wants to stay relevant in global finance. The timing couldn't be better—regulatory clarity is finally emerging, and consumer demand for crypto options keeps growing.
The Bottom Line
This partnership isn't about dipping toes in the water. It's about diving headfirst into the deep end of digital asset infrastructure. Moneygram gets to modernize overnight while Fireblocks scores another major enterprise client—everyone wins except the traditional banking middlemen collecting those juicy remittance fees. Because let's be honest—those fees were never about 'service quality'; they were about exploiting information asymmetry and captive markets. The crypto revolution just gained another powerful ally, and the old guard should be very, very nervous.
Fireblocks to offer extra security to Moneygram stablecoin payments
Moneygram offers stablecoin coverage to 170 countries worldwide. Fireblocks will build on this expansion by offering more secure stablecoin infrastructure, as well as a programmable settlement layer.
Moneygram is tapping stablecoins as a way to avoid taxation. As Cryptopolitan reported, Trump’s tariff bill introduced a 5% tax on remittances, which does not extend to stablecoin transfers.
The payment company will use Fireblocks for multi-chain stablecoin transfers. The faster channels will reduce the need for capital reserves, instead resorting to instant stablecoin payments. Moneygram will also tap existing stablecoin liquidity pools and streamline settlement.
Fireblocks will also provide seamless integration to exchanges, adding to the available liquidity. The ecosystem will allow the onboarding of new types of stablecoins, without requiring fundamental changes to Moneygram’s user experience.
“MoneyGram is rebuilding the rails of cross-border settlement in real time,” said Michael Shaulov, Co-Founder and CEO of Fireblocks. “By moving to a multi-chain, programmable infrastructure, it’s upgrading the speed and reliability of global payments at the foundation LAYER – where it matters most for the people who rely on these payments every day,” he said.
Fireblocks already offers its services to over 1,800 organizations, securing 550M wallets worldwide.
Global stablecoin payments get a boost from stablecoins
Stablecoins emerged as one of the best crypto use cases in 2025. Stablecoin transfers make up to 30% of all crypto activity.
The speed and instant settlement of stablecoins have also appealed to fintech apps. A larger number of end users are also using crypto wallets as a primary financial tool, and are used to funds arriving instantly.
Moneygram aims to emulate the way crypto wallets are used to achieve faster cross-border payments. The payment provider, however, takes care of the last stretch in swapping the funds into immediately usable fiat.
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