MoneyGram today announced a partnership with Tempo, a purpose-built Layer 1 blockchain for high-volume, real-world payments, to deepen its blockchain infrastructure and advance stablecoin-based settlement across its global network.

The partnership marks a strategic step in MoneyGram’s journey to build an open, interoperable global payments network on stablecoin rails, one that operates across chains, across borders, and across the full spectrum of how people move money.

MoneyGram brings decades of experience running one of the world’s largest payments networks, institutional-grade compliance infrastructure, and the operational scale to make blockchain technology work across over 200 countries and territories. Together, the two companies are building on stablecoin rails at scale, and with the institutional rigor the industry demands.

“MoneyGram has long served as critical infrastructure powering global money movement,” said Anthony Soohoo, CEO and Chairman, MoneyGram. “As stablecoins and blockchain technology become more deeply integrated into mainstream financial services, MoneyGram is actively building the next era of payments infrastructure. Tempo, as a purpose-built blockchain that shares our focus on solving real consumer problems, is a natural partner and a direct expression of that commitment.”

“Tempo is built for institutions powering everyday payments,” said Matt Huang, Founder and CEO, Tempo. “MoneyGram’s role as a validator brings deep global payments expertise to the network and helps connect stablecoin settlement with real-world use.”

MoneyGram is actively modernizing its settlement infrastructure around stablecoins and blockchain-enabled payment rails. As part of this partnership, MoneyGram, Tempo and Stripe plan to bring under-the-hood stablecoin settlement into live settlement flows, with Stripe to settle to MoneyGram using Tempo’s onchain infrastructure.

This will enable more efficient treasury management and payments operations across MoneyGram’s global footprint, and reflect the company’s focus on practical blockchain applications tied to real payment flows and consumer utility.

As the partnership grows, MoneyGram and Tempo will explore new ways to deepen their work together, advancing the open, interoperable payments infrastructure that will define the next generation of global financial services.

MoneyGram will continue expanding integrations across the crypto ecosystem where its operational expertise and global reach can help bring real-world utility to blockchain-based payments.