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 CEO Anthony Soohoo shares how expanding MoneyGram Ramps to Solana connects digital assets with real-world utility.
Wallets and apps built on Solana can now tap MoneyGram's global network to move between digital assets and local currencies. “Bringing MoneyGram Ramps to Solana is another step toward building a truly open, global payments network," said MoneyGram CEO Anthony Soohoo.
MoneyGram CEO Anthony Soohoo said the company's blockchain strategy is focused on modernizing cross-border payments, by using blockchain infrastructure to make remittances faster, cheaper and more transparent while keeping the technology invisible to customers.
The United States to India remittance corridor is one of the largest in the world by value. Families, students, and professionals in the US send billions of dollars to India every year for parents, property, tuition, everyday support, and important life moments.
You’re ready to send money to someone you care about when you notice a number on the screen labeled “exchange rate.” If you’ve never sent money internationally before, it can feel confusing fast. Is it part of the fee? Does it affect the transfer? Are you supposed to know what it means before you continue?
Bancolombia is Colombia’s largest bank, with millions of personal account holders across the country. Because so many Colombians bank with Bancolombia, it’s one of the most common destinations for money transfers from the US.
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