MoneyGram announced that MoneyGram Ramps (Ramps) is now live on Solana, making its global cash and digital network available across multiple blockchain ecosystems as the company continues building an open, interoperable payments network.
MoneyGram announced the appointment of Will Karczewski as Executive Vice President and General Manager, Global Retail. In this role, Karczewski will lead the company's global retail and digital partner businesses, helping unlock growth opportunities across its global retail network while advancing the integration of retail and digital customer experiences.
MoneyGram announced its entry into the Solana ecosystem, reinforcing the company's commitment to supporting the continued growth of blockchain-based financial infrastructure. MoneyGram has become an active validator on the Solana network and joined Solana Developer Platform.
At the Money20/20 Europe conference in Amsterdam, MoneyGram CEO Anthony Soohoo speaks to CNN as it launches its new native stablecoin, pegged to the US dollar.
MoneyGram’s newly launched MGUSD stablecoin is designed to give underbanked consumers access to a stable dollar-denominated balance inside the payment network's app, CEO Anthony Soohoo on Thursday said, positioning the product as a consumer financial-services tool rather than another crypto trading asset.
Cross-border payments such as remittances have long been seen as a potential use case for stablecoins. MoneyGram launches its own stablecoin to complement its other work in digital assets.
Banamex, formally Citibanamex, is one of Mexico’s oldest and most widely used banking institutions. Because so many families in Mexico bank with Banamex, many US-to-Mexico money transfers eventually need to land in a Banamex account.
If you’re sending money to family in the Philippines, there’s a good chance they already use GCash. It’s one of the country’s most popular mobile wallets, used for everything from paying bills and buying groceries to sending money, topping up mobile data, and managing everyday expenses.
The United States to Philippines remittance corridor is one of the largest and most established in the world. Many Filipinos in the US send money home regularly to support family across the Philippines.
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