MoneyGram taps Checker to use stablecoins for treasury and FX operations

Checker is working directly with MoneyGram's treasury team, providing liquidity access via stablecoins for treasury and FX operations—behind the scenes rather than consumer-facing. MoneyGram serves over 60 million active customers across 200+ countries and territories, nearly 500,000 retail locations, and billions of digital endpoints. Per the article, the model converts dollars to USDC, transferable at any hour, with a local provider converting to local currency. MoneyGram joins 35+ regulated financial institutions using Checker's network. Chris Kelliher, MoneyGram's Director of Foreign Exchange, said the partnership helps bring new technologies into operations practically.

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• Treasury
• Stablecoins
• FX