Moneygram launched MGUSD on June 2, 2026, a U.S. dollar stablecoin built natively on the Stellar blockchain and integrated directly into the Moneygram app for self-custodial wallet access. What MGUSD Is and How It Works The stablecoin is issued by Bridge, a Stripe company that the firm describes as GENIUS Act-ready.
Aave (AAVE), down 3.9% from Monday, was also an underperformer.
DTCC's decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
DTCC's Nadine Chakar says Stellar was selected for its strong compliance framework, high throughput, and low-cost transactions, key advantages for real-world asset (RWA) growth, as XLM hits its highest global search interest in three months.
A major traditional finance infrastructure provider has set its sights on the Stellar blockchain, and market watchers say the timing could not be more significant. The Depository Trust and Clearing Corporation, better known as the DTCC, announced plans to connect its tokenization platform to the Stellar network as part of a broader multi-chain strategy.
Displaying similar structure & trading volumes, the two major-caps could end up switching positions on global charts.
Stellar (XLM) surpassed Cardano in market cap rankings, reaching around $8.3 billion compared to ADA's $8.2 billion. The DTCC, custodian of over $114 trillion in assets, announced a partnership with Stellar Development Foundation to tokenize assets on its network.
Binance Coin (BNB), up 7.9%, was also a top performer.
Stellar (XLM) regained momentum, extending a rally that began in the past week when Wall Street clearing giant DTCC announced plans to enable tokenization of its DTC-custodied assets on the Stellar network. The recent momentum has caused XLM to climb above Cardano in market rankings.
Stellar trades between $0.15 and $0.17 in late May 2026, with a market cap around $5.3 billion (rank #19 to #21), 82% below the January 2018 high of $0.9381.
XLM surged past $0.27 early June 1—yielding brief 24-hour gains of 14%—before a market-wide sell-off trimmed its daily gains to 5%. Alongside Hyperliquid and TRON, XLM was one of the few top 20 digital assets to post gains on a day the aggregate market fell 1.4%.
Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns. U.S. equity index futures rose.