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. Stellar is MoneyGram’s core blockchain partner, and MoneyGram is expanding its blockchain presence by serving as a validator on Solana and Tempo, while viewing the MGUSD stablecoin as a means to build financial products.
MoneyGram CEO: Blockchain is Modernizing Cross-Border Payments
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Summary
MoneyGram CEO Anthony Soohoo said the company is leveraging blockchain upgrade strategies to modernize cross-border payments. The company is building on blockchain infrastructure to deliver faster, cheaper, and more transparent remittances. Stellar is a key partner, and MoneyGram also validates on Solana and Tempo. The firm’s MGUSD stablecoin is being used to develop financial products. Blockchain news continues to underscore the role of digital infrastructure in transforming global payments.
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