MoneyGram has launched a virtual stablecoin-backed Visa card in Colombia, allowing eligible customers to hold dollar-linked balances in its mobile app, make online and contactless payments through Visa, and collect local currency at participating MoneyGram locations. The card, developed with Rain, uses Crossmint wallet technology and the Stellar network for underlying digital transactions. Customers can add the card to Apple Wallet or Google Wallet, while direct ATM withdrawals are unavailable on the initial virtual product. MoneyGram plans to expand the card to additional countries in coming months and introduce a physical card before the end of 2026 with ATM access and in-person payment capabilities. The company has not identified the stablecoin backing customer balances, disclosed fees or foreign-exchange spreads, or said whether users directly hold tokens. Earlier information identifying USDC and automatic conversion into Colombian pesos has not been confirmed in the latest announcement.