MGUSD: what it is and what can be measured

Stablecoin backed by currency reserves, issued by Bridge, for MoneyGram.

MoneyGram's dollar token on Stellar, issued through Stripe's Bridge and held in a wallet inside the MoneyGram app.

How much exists

25.18 million MGUSD in existence worldwide, Read 1 hour ago, read from the issuer's own contracts.

Mostly on stellar (100%).

This counts MGUSD everywhere in the world. A public blockchain does not record which country a holder is in, so 20kobo cannot tell you how much of this is Nigerian, and does not guess.

Why a Nigerian investor might care

MoneyGram is one of the payout networks Nigerian recipients use. Its token is a dollar balance attached to a cash network, not a Nigerian product.

Information only, not advice about buying or holding anything.