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# MoneyGram Launches Stablecoin Visa Card in Colombia
- URL: https://stablecoininsider.org/moneygram-stablecoin-visa-card-colombia/
- Published: 2026-09-11T07:00:23.000Z
- Updated: 2026-09-11T08:05:23.000Z
- Description: MoneyGram launched the MoneyGram Card on September 10, 2026: a stablecoin-backed Visa card live first in Colombia on Rain, Crossmint, and Stellar, with USDC at launch, MGUSD planned later, and a physical card targeted for late 2026.
- Author: Alexandra
- Tags: News, Fintech, Stablecoins

MoneyGram launched the **MoneyGram Card** on September 10, 2026: a stablecoin-backed Visa card that starts in Colombia and ties a stable-dollar balance to everyday spend, Apple Wallet or Google Wallet, and cash pickup at MoneyGram locations.

Stablecoin Insider covers the stack, the USDC-to-MGUSD path, and what remittance operators should check before they treat Colombia as a template for other markets.

## Key Takeaways

- MoneyGram launched the MoneyGram Card on September 10, 2026, first in Colombia.
- The stack pairs Rain cards, Crossmint wallets, and Stellar settlement.
- USDC backs the card at launch; MGUSD support is planned later.
- Users can add the digital card to Apple Wallet or Google Wallet and pick up cash at MoneyGram locations.
- A physical card is planned for late 2026, with more markets after Colombia.

📌

As of September 10-11, 2026: MoneyGram Card live in Colombia as a digital Visa spend product on Rain + Crossmint + Stellar; press copy cites 60M+ active customers, nearly 500,000 retail locations, and 200+ countries; USDC at launch with MGUSD later (TokenPost); physical card targeted for late 2026.

## What MoneyGram Announced on September 10, 2026

In a [Dallas/Washington release dated September 10, 2026 (syndicated via Finopotamus)](https://www.finopotamus.com/post/introducing-the-moneygram-card-giving-customers-more-freedom-to-use-their-money-wherever-life-take), MoneyGram said the MoneyGram Card lets eligible customers hold a stable-dollar balance, spend where Visa is accepted, and access cash inside the MoneyGram experience.

Chairman and CEO Anthony Soohoo framed it as giving customers "more freedom and control to manage their money, all in one place," with signup and balance management inside the MoneyGram app.

CoinTelegraph's [September 10, 2026 coverage](https://cointelegraph.com/news/moneygram-launches-visa-stablecoin-card-as-remittance-rivals-expand) described a Visa-branded stablecoin debit card debuting as a virtual card in Colombia, with a physical option as MoneyGram expands later in 2026.

That puts MoneyGram in the same remittance-to-card lane as Western Union's Stablecard work with Rain, which CoinTelegraph noted was announced last month.

## Stack: Rain, Crossmint, Stellar, and the Stablecoin Path

The Finopotamus-syndicated release says the card combines Rain's card infrastructure, Crossmint's wallet capabilities, and the Stellar network for fast access to funds.

TokenPost's [September 10, 2026 report](https://www.tokenpost.com/news/business/23053) says the card uses Circle's USDC at launch, with support for MoneyGram's own MGUSD expected to follow.

That sequence matters because MoneyGram already launched MGUSD on Stellar in June 2026\. Stablecoin Insider covered that issuer step in [MoneyGram launches MGUSD on Stellar for 60 million customers](https://stablecoininsider.org/moneygram-launches-mgusd-stablecoin-on-stellar-to-bring-digital-dollars-to-60-million-customers/).

[MoneyGram Launches MGUSD on StellarJune 2026 SCI coverage of MoneyGram's MGUSD digital-dollar issuance path before the Colombia card launch.![](https://stablecoininsider.org/favicon.ico)Stablecoin Insider](https://stablecoininsider.org/moneygram-launches-mgusd-stablecoin-on-stellar-to-bring-digital-dollars-to-60-million-customers/)

CryptoBriefing's [September 10, 2026 write-up](https://cryptobriefing.com/moneygram-stablecoin-visa-card-colombia/) matches the Rain + Crossmint + Stellar stack and the Colombia-first rollout, without adding fee schedules MoneyGram did not publish in the primary release.

| Field                | Detail (as of 10 Sep 2026)                                                                   | Source                          |
| -------------------- | -------------------------------------------------------------------------------------------- | ------------------------------- |
| Product              | MoneyGram Card (stablecoin-backed Visa card)                                                 | Finopotamus / MoneyGram release |
| First market         | Colombia (live); more markets "coming months"                                                | Finopotamus                     |
| Form factor now      | Digital card; Apple Wallet / Google Wallet                                                   | Finopotamus; CoinTelegraph      |
| Cash access          | Transfer from MoneyGram balance; pick up local currency at MoneyGram locations               | Finopotamus                     |
| Card infra           | Rain                                                                                         | Finopotamus                     |
| Wallets              | Crossmint                                                                                    | Finopotamus                     |
| Network              | Stellar                                                                                      | Finopotamus                     |
| Stablecoin at launch | USDC (Circle)                                                                                | TokenPost                       |
| Stablecoin planned   | MGUSD (MoneyGram)                                                                            | TokenPost                       |
| Physical card        | Planned late 2026 (ATM + in-person where digital is weaker)                                  | Finopotamus                     |
| Network claims       | 60M+ active customers; nearly 500,000 retail locations; 200+ countries/territories; 85 years | Finopotamus                     |

## Why Colombia and Why Remittance Operators Care

Colombia is a live consumer market, not a closed pilot memo. Customers already in the MoneyGram app can sign up in a few taps, keep the balance digital, spend on Visa rails, or cash out at the agent's counter.

MoneyGram's own footprint claim is the benchmark: more than 60 million active customers and nearly 500,000 retail locations across more than 200 countries and territories, against pure-app wallets that lack a cash desk.

CoinTelegraph also flagged the World Bank's September 2025 remittance-cost work: debit cards were the lowest-cost receive instrument in that analysis, at 3.61% of the transmitted amount. That is category context for card rails in remittance, not a MoneyGram fee quote.

For the rival remittance token path, see [Western Union's USDPT on Solana](https://stablecoininsider.org/western-union-launches-usdpt-a-regulated-dollar-stablecoin-built-on-solana/). For the card-rail plumbing underneath products like this, see [the infrastructure behind stablecoin cards](https://stablecoininsider.org/the-infrastructure-behind-stablecoin-cards/) and [Visa's $20B stablecoin settlement run rate](https://stablecoininsider.org/visa-stablecoin-settlement-20b-onchain-lending/).

[Western Union Launches USDPT on SolanaRemittance-rival regulated dollar stablecoin path for operators comparing MoneyGram and Western Union stacks.![](https://stablecoininsider.org/favicon.ico)Stablecoin Insider](https://stablecoininsider.org/western-union-launches-usdpt-a-regulated-dollar-stablecoin-built-on-solana/)

💬

Stablecoin Insider's take: Colombia is the right first market because MoneyGram can test Visa spend plus cash pickup on a corridor it already knows, then graft MGUSD onto a live card later. The named downside is product incompleteness as of September 10, 2026: the primary release does not publish fees, eligibility screens, deposit-insurance treatment, or a dated MGUSD-on-card milestone, so treasury and fintech teams still need those terms before treating the card as a production remittance settle path outside Colombia.

## What Operators Should Do Next

If you run remittance, treasury, or stablecoin card diligence, put three checks on this week's list.

First, confirm whether your Colombia corridor partners will support MoneyGram Card cash pickup and Visa spend for the same USDC balance. Second, ask for the dated MGUSD card integration plan against the June 2026 MGUSD launch. Third, get fee, FX, and eligibility terms in writing before you model unit economics; the September 10 release does not publish them.

This doesn't solve corridors that need a physical ATM card today. It does matter for teams watching remittance majors turn stablecoin balances into Visa spend in 2026.

[Read the MoneyGram Card release](https://www.finopotamus.com/post/introducing-the-moneygram-card-giving-customers-more-freedom-to-use-their-money-wherever-life-take)

---

## FAQ

#### What did MoneyGram launch on September 10, 2026?

MoneyGram launched the MoneyGram Card, a stablecoin-backed Visa card that starts in Colombia.

Customers can hold a stable-dollar balance, spend where Visa is accepted, use Apple Wallet or Google Wallet, and pick up cash at MoneyGram locations.

#### Which partners power the MoneyGram Card?

Rain provides card infrastructure, Crossmint provides wallet capabilities, and settlement runs on Stellar, according to MoneyGram's September 10, 2026 release.

Stablecoin Insider treats that three-party stack as the operator checklist for diligence calls.

#### Does the card use USDC or MGUSD at launch?

TokenPost reported on September 10, 2026 that the card uses Circle's USDC at launch, with MGUSD support expected later.

MoneyGram's primary syndicated release describes a stable-dollar balance without naming the token in the Finopotamus copy.

#### Where is the MoneyGram Card available today?

It is available today in Colombia, with plans to expand to more markets in the coming months.

A physical card option is planned for late 2026 for ATM withdrawals and in-person use where digital cards are weaker.

#### How does this relate to MoneyGram's June 2026 MGUSD launch?

MGUSD launched on Stellar in June 2026 as MoneyGram's own digital dollar.

The September 10 card puts spend and cash access in front of that issuer path, with TokenPost saying MGUSD support on the card is planned after USDC.

#### Should operators assume fees or Visa merchant reach from this launch?

No. As of September 10-11, 2026, MoneyGram's primary release does not publish card fees or a merchant-count figure for this product.

Stablecoin Insider sticks to sourced network claims (60M+ customers, nearly 500,000 locations, 200+ countries) and omits secondary merchant tallies that the primary release does not confirm.

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This content is provided for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice; no material herein should be interpreted as a recommendation, endorsement, or solicitation to buy or sell any financial instrument, and readers should conduct their own independent research or consult a qualified professional.