Reimagined app and website bring digital money movement, stablecoin-powered functionality and MoneyGram's global cash network together in one place
MoneyGram launched the MoneyGram Card, a stablecoin-backed card designed to serve eligible customers worldwide. The card gives customers more freedom and flexibility with their money: the ability to hold a stable-dollar balance, access cash when they need it, or spend anywhere Visa is accepted, online, in stores and across borders.
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.
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.
Learn everything you need to send a wire transfer. Plus, explore alternatives for sending money internationally.
To send money internationally, you need a valid government-issued ID. Learn which IDs MoneyGram accepts and what to expect during verification.
You can send money internationally with a debit card. Credit cards are also accepted, but your card issuer may charge a cash advance fee.