PANews reported on December 4th that, according to The Block, Fireblocks will begin processing stablecoin settlements for global remittance service MoneyGram. Michael Shaulov, co-founder and CEO of Fireblocks, stated in a press release, "MoneyGram is rebuilding the cross-border settlement track in real time. By moving to multi-chain, programmable infrastructure, MoneyGram is fundamentally improving the speed and reliability of global payments." MoneyGram is positioning itself as a staunch supporter of the blockchain payment track. The company stated in its press release that its early investments in "digital currency deposits and withdrawals and crypto-compliant infrastructure" have given it a "first-mover advantage."