MoneyGram and the Stellar Development Foundation, the nonprofit supporting the Stellar blockchain, announced a multi-year extension of their partnership. This milestone marks more than five years of turning stablecoin potential into real-world utility and financial inclusion.
MoneyGram announced it has been named a winner of the 2026 USA TODAY Top Workplaces USA award, marking the fifth consecutive year the company has earned this recognition. This honor reflects MoneyGram's continued commitment to building a high-performance culture where employees are empowered to thrive.
MoneyGram announced the appointment of Marc Winniford as Chief Financial Officer. In this role, Winniford will oversee all aspects of finance, accounting, tax and treasury, and play a central role in advancing the company's ongoing finance transformation as part of MoneyGram's broader re-founding journey.
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.
Choosing cash pickup, bank transfer, or mobile wallet in India? Compare access, timing, and cost to find what works for your recipient.
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If someone is picking up a MoneyGram transfer in cash, they’ll need two things: the reference number from the sender and an accepted government-issued photo ID. The name on the transfer also needs to match the name on the ID they bring. So if you’re wondering what ID you need to pick up a money transfer, it’s worth checking before anyone heads to a location. Accepted documents can vary by country, and a name mismatch can prevent the money from being collected.