BlockBeats news, on May 20, payment giant MoneyGram announced it has become an Anchor Remittance Validator for the Layer 1 blockchain Tempo, with both parties entering into a strategic blockchain partnership.
MoneyGram will leverage its global payment network, compliance expertise, and operational capabilities to deeply participate in Tempo’s transaction verification, operations, and security. Simultaneously, MoneyGram, Tempo, and Stripe will jointly integrate stablecoin settlement into real-world payment flows, enabling Stripe to settle with MoneyGram via Tempo’s on-chain infrastructure, thereby modernizing global cross-border remittance and stablecoin settlement infrastructure to enhance efficiency and deliver a more practical, open payment network for consumers.