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.
It usually happens when you least expect it. You're walking through the grocery store when you spot a snack you grew up eating. Someone passes by speaking your native language, and for a second, it feels like you're back home. A familiar song comes on during your commute, or you catch yourself checking the time. Then you picture your family sitting down for dinner thousands of miles away.
A SWIFT code and an IBAN both help move money across borders, but they do different jobs. A SWIFT code identifies the bank, while an IBAN identifies the specific account at that bank. Many international transfers use both. Here is how each one works and when you need them.
Every family has a meal that tells a story. Ask someone about the food they miss most, and chances are they'll tell you a story before they tell you a recipe. They'll remember who cooked it, who gathered around the table, and what the house smelled like long before they remember the ingredients.
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