The Stellar Development Foundation, a Delaware nonprofit corporation supporting the development of the Stellar protocol, cut a partnership with Dallas-based money transfer company MoneyGram, where USD Coin will handle fast payments as a bridge currency. This project will be set for launch in the fourth quarter of the year, it's for front-end experience and not just on-demand liquidity alternatives. XLM spikes over 15% due to this announcement.
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https://cryptocrunchapp.com/news/ripple-rival-stellar-goes-on-to-close-a-partnership-deal-with-moneygram
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