Alex Holmes — the CEO of remittances giant Moneygram International Inc. (NASDAQ:MGI) — said that the firm is "trying to be a bridge from the crypto world to the fiat world."
See Also: How To Earn Free Crypto
While the fall of TerraUSD caused fears over the collapse of other stablecoins, Benzinga's analysis highlighted that USD Coin has very different implementation means that it could not fall in the same way TerraUSD did — at least not for the same reason.
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