Svmuu News: MoneyGram CEO Anthony Soohoo stated that the company’s blockchain strategy focuses on modernizing cross-border payments, using blockchain infrastructure to make remittances faster, more cost-effective, and more transparent, while ensuring customers remain unaware of the underlying technology.
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 way to build more financial products within its own ecosystem.