MoneyGram’s CEO says blockchain works best when customers don’t know it’s there
In an interview with CoinDesk, MoneyGram CEO Anthony Soohoo said that their blockchain strategy has evolved from early experimentation into a broader effort to modernize the company’s global payments infrastructure.
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Summary
- 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.
- While Stellar remains a core blockchain partner, MoneyGram is expanding its blockchain footprint through validator roles on Solana and Tempo and sees its MGUSD stablecoin as a way to build more financial products within its own ecosystem.
