MoneyGram announced the launch of MGUSD, a native U.S. dollar stablecoin and the foundation for a growing suite of financial services across its global network. As MoneyGram continues to build its payments infrastructure on blockchain, MGUSD will serve as the connective tissue powering those services for families sending money across borders and billions of people underserved by traditional finance.
MoneyGram is joining Tempo as its anchor remittance validator, actively contributing to the network’s operation, security and reliability.
Kraken, one of the world's longest-standing, most secure and most liquid crypto platforms, and MoneyGram, one of the world's leading global payments networks, announced a new strategic global partnership. Through this partnership, millions of Kraken customers will be able to withdraw crypto as cash in hundreds of fiat currencies, spanning more than 100 countries worldwide using MoneyGram's extensive global cash pickup network.
MoneyGram announced it had launched its own U.S. dollar-backed stablecoin on the Stellar blockchain. The stablecoin, dubbed MGUSD, will be embedded into the MoneyGram app, allowing customers to hold a dollar-denominated balance in a self-custodial wallet and transfer funds through the company's global payments network.
In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Anthony Soohoo, Chairman and CEO of MoneyGram, who joined the company to refound its 85-year-old network for the stablecoin and AI era. They unpack how MoneyGram's network of 500,000 retail locations across 200 countries is becoming an API layer for stablecoins, why "cash is our inventory" reframes treasury for the blockchain era, and why building this kind of regulated footprint takes "three or four decades" to map the world.
MoneyGram CEO Anthony Soohoo joins Dani Burger on Bloomberg Open Interest to talk about why cash still dominates globally despite the crypto boom. He reveals how MoneyGram’s 500,000 retail locations give it a unique edge. Plus, why the company’s Kraken partnership could reshape crypto spending worldwide.
The photos usually arrive while you're asleep. By the time you wake up, the birthday cake has already been cut. Candles have been blown out. Someone posted a family photo in the group chat, and you're scrolling through pictures of a celebration you wish you could have been part of.
A guarantor is a person who agrees to take responsibility for a payment if someone else cannot make it. Guarantors are common for rental leases, loans, and some accounts, especially for people who are new to a country or building a financial history. Here is what a guarantor does and what it means to be one.
Some family traditions happen without anyone planning them. A Sunday evening phone call. A group chat that comes alive every Friday. Your mom sending photos of dinner before anyone takes the first bite. Your dad texting the weather back home because he knows you'll ask anyway.
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