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.
A remittance is money sent from one person to another, usually across borders, to support family, friends, or a household back home. It typically moves from a sender in one country to a receiver in another through a bank, a money transfer provider, or an agent. Here is how the process works and what to expect.
Helping with school costs from abroad takes planning. Learn what education expenses to expect and how to send support to family reliably and on time.
If you’ve ever looked at the amount on your screen before tapping “Send” and wondered, Is this enough?, you’re not alone. It’s a question many people ask, whether they’re helping family every month or sending support only when it’s needed.
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