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.
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.