MoneyGram launched its Stellar-based USDC balance in El Salvador as SDF extended a five-year partnership and widened Latin America access.
Stellar has extended its partnership with SDF as MoneyGram expanded its stablecoin balance service into El Salvador.
The move follows the product’s launch in Colombia and adds another Latin American market to Stellar’s payment network. The rollout uses USDC on Stellar and links digital balances with MoneyGram’s global cash access points for remittance users and families.
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The new El Salvador launch builds on a five-year partnership between MoneyGram and the Stellar Development Foundation.
The service uses Stellar, Crossmint, and Circle’s USDC. Users can receive funds into a dollar balance, hold digital dollars, and cash out through MoneyGram locations.
The companies said Colombia showed strong engagement after the first launch. That result supported a wider regional rollout.
More markets in Central and South America are expected this year. The product is aimed at people who still depend on cash and remittances.
MoneyGram
@StellarOrg
We’re extending our five-year partnership with SDF, continuing to turn stablecoin potential into real-world utility and financial inclusion.
Building on our success in Colombia, the MoneyGram app’s stablecoin balance is now live in El Salvador.
Read… pic.twitter.com/9lbvyZlBeJ
— MoneyGram (@MoneyGram) April 22, 2026
MoneyGram chief executive Anthony Soohoo said the company is building an open payments network across fiat and stablecoins.
He said faster and lower-cost transactions should reach people who need them most. SDF chief executive Denelle Dixon said Stellar was built to support broader financial access.
From Stellar’s side, the expansion adds another real-world payments use case for its network.
Stellar has focused on low-cost transfers and settlement for years. The latest rollout gives the network another consumer-facing service tied to everyday money movement.
How XLM Supports Fintech Activity on Stellar
XLM is the native asset of the Stellar network. It is used for network fees and account functions, and it helps support transfers between assets.
Fees on Stellar are designed to stay low, which has made the network useful for payment firms and fintech platforms.
Fintechs use Stellar for cross-border transfers, asset issuance, and treasury movement.
The network is also used for remittance services, wallet products, and business payments. Its design targets fast settlement, and that remains central to its appeal for financial applications.
The MoneyGram service does not ask users to spend XLM directly for remittances.
Still, wider network usage can support interest in the broader Stellar ecosystem. When more firms build on Stellar, transaction activity, wallet creation, and liquidity routes can grow around the network.
MoneyGram also brings scale to that effort.
The company says it serves more than 50 million customers across over 200 countries and territories. It also operates through nearly 500,000 retail locations. That reach gives Stellar a larger path into cash-heavy markets.
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Stellar Eyes Breakout as Repeated $0.179 Retests Weaken Resistance
Key $0.179 XLM Price Level Still in Focus
Alongside the news, traders are watching XLM price action. XLM has traded inside a channel since February. The main resistance level in focus is $0.179, while support has formed near $0.147.
Recent trading has brought XLM back toward the $0.179 area. That zone has acted as a resistance several times. Market watchers often note that repeated tests can weaken a ceiling if sellers lose control over the level.
A daily close above $0.179 would likely shift attention to $0.22. That would mark roughly a 20% move from the breakout point. If price fails again, traders may look back to the $0.147 area for support.
$0.179 is the main level to watch for Stellar $XLM.
Stellar has been locked in a well-defined channel since February. For months, the script has remained the same: a rejection at $0.179 followed by a retreat to the $0.147 support.
We are currently approaching the $0.179… pic.twitter.com/dG5DpQ3RnJ
— Ali Charts (@alicharts) April 18, 2026
For Stellar, the El Salvador launch adds business momentum while price remains range-bound. The partnership extension with SDF also shows continued focus on stablecoin payments.
As more markets open, investors and fintech firms will watch whether network adoption and XLM trading begin to move together.
The post Stellar Expands to El Salvador as MoneyGram Rolls Out USDC Payments: XLM Breakout Incoming? appeared first on Live Bitcoin News.
