According to ME News, on July 21 (UTC+8), MoneyGram CEO Anthony Soohoo stated that the company’s blockchain strategy focuses on modernizing cross-border payments by leveraging blockchain infrastructure to make remittances faster, lower-cost, and more transparent, while keeping the underlying technology invisible to customers. Stellar remains MoneyGram’s core blockchain partner. MoneyGram is expanding its blockchain footprint by serving as a validator on Solana and Tempo, and views the MGUSD stablecoin as a means to build additional financial products within its own ecosystem. (Source: ODAILY)
MoneyGram Advances Blockchain Strategy for Modern Cross-Border Payments
KuCoinFlashShare
Summary
MoneyGram is advancing blockchain news with a renewed strategy to modernize cross-border payments. On July 21, CEO Anthony Soohoo stated that the company is leveraging blockchain infrastructure to enable faster, lower-cost, and more transparent remittances. Stellar remains the core blockchain partner, while MoneyGram also serves as a validator on Solana and Tempo. The company is further driving a blockchain upgrade through its MGUSD stablecoin to expand financial products within its ecosystem.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.