Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Stellar Expands to El Salvador as MoneyGram Rolls Out USDC Payments: XLM Breakout Incoming?
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.
Read also:
Stellar Expands Its Role in Cross-border Payments
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 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.
Read more:
**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.
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.