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Joined January 2012
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Introducing MGUSD. MoneyGram's native U.S. dollar stablecoin. Natively issued on @StellarOrg. Built with @Stablecoin, @M0 and @FireblocksHQ. Live in the U.S. today.
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MGUSD is part of a broader modernization of the MoneyGram infrastructure. The same capabilities that make stablecoins useful for customers can also make our own operating model more efficient. Read more 👇 x.com/MoneyGram/status/20651…
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MoneyGram retweeted
Crossmint orchestration and wallets now power MGUSD, @MoneyGram's new stablecoin for their 50M users across 200 countries. We’re enabling stablecoin remittances for one of the world’s largest money movement networks, at scale. Here’s how ⬇️
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MoneyGram retweeted
"Being conservative in today's world is not an option. You need to be advancing into these technologies because others are." @MoneyGram's roots go back to 1940. We asked CPTO @LukeTuttle2049 what advice he'd give executives at other legacy institutions staring down the same hard modernization decisions. He started with a reading assignment: "They need to go read the book The Innovator's Dilemma as a starting point, which is around recognizing that disrupting yourself is a necessity to staying in business." "We've been moving money for 85 years. We know how to move money with traditional banks extremely well, but the startup today can move money onchain very easily too." "How do we continue to take all of our advantages, which in particular are compliance, our brand, our distribution - we have operations in nearly 200 countries - and now just make it better with the plumbing of stablecoins"
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With MGUSD, customers control their digital assets while MoneyGram delivers the trusted experience. Built on a foundation of compliance, from KYC and transaction monitoring to consumer protection and global regulatory standards. Read more 👇 x.com/MoneyGram/status/20651…
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Hold value pegged to USD. Access it instantly. Cash out whenever you want. That's MGUSD. @anthonysoohoo on why starting with the customer problem makes stablecoins actually useful, on the @TokenizedPod.
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MoneyGram retweeted
Press releases are great. Improvements to the customer experience are better. @MoneyGram's launch of MGUSD is the culmination of years of collaboration and dedication to a better financial system. @_therealjosh, EVP and General Manager at MoneyGram explains 👇
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A stable dollar balance shouldn't depend on where you live. That's why we built MGUSD: a dollar balance designed for a global customer base, powered by stablecoin technology and connected to real-world money movement. Read more 👇 x.com/MoneyGram/status/20651…
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.@LukeTuttle2049 reframes the stablecoin conversation: Remittance can be summed up in one word. Trust. There are few things more intimate than handing someone a stack of money and asking them to send it somewhere for you. Everything else, speed, cost, features, comes after that. @paymentsjournal
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"Digital currency is great as long as you want to stay in digital currency." But like Hotel California, getting out has always been the hard part. @anthonysoohoo on why seamless offramps are the unlock for mainstream adoption with @rachelwolf00 on The Deep Dive Podcast.
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The foundational step towards offering more services that will allow our customers to save time, effort and money. That's MGUSD. @anthonysoohoo via @business
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"For us, it’s the consumer use case" - @_therealjosh talks MGUSD at @stable_summit in NYC
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“For many of our customers, this will be the first time they’ve actually had access to a stable dollar balance,” - @anthonysoohoo
Most stablecoins launch a token and pray an ecosystem forms. @MoneyGram is doing the exact opposite by embedding MGUSD directly into an existing network of 60M users. The real play here is not about crypto trading or decentralized liquidity. By keeping the asset locked inside their own app, they are effectively turning a legacy remittance giant into a global neo bank for the underbanked. The underlying blockchain plumbing is completely hidden, giving users a stable dollar balance without the web3 friction. It is a massive shift from speculative token to functional backend utility. yellow.com/news/moneygram-st…
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Most stablecoins were built for trading and institutions. We intentionally built MGUSD for everyone else: our global customers. On stage at #Money2020EU, @anthonysoohoo explains how access to a stable dollar balance can help solve real financial challenges for people around the world. [Video credit: @money2020] #Money2020
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MoneyGram retweeted
"We have close to 500,000 retail locations. That's a multiple of Starbucks, McDonald's, Chipotle, and Subway combined." @anthonysoohoo, Chairman and CEO of @MoneyGram, joins us on the latest episode of Money Code to discuss the infrastructure behind global payments, stablecoin adoption, and what it takes to operate one of the world's largest money movement networks. The hardest thing to replicate isn't the product. It's the network. Full Money Code episode below 👇
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MoneyGram retweeted
Breaking at @money2020 Europe: @MoneyGram launches MGUSD, a native US stablecoin to power its own global network. @anthonysoohoo, Chairman CEO, shares with NYSE why Moneygram rebuilt its entire infrastructure on blockchain.
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MoneyGram retweeted
MGUSD is a testament to what's possible when you build with purpose, and a meaningful step forward in our shared mission to create better financial infrastructure for the global economy. Congrats to the @MoneyGram team!
MGUSD, @MoneyGram's native U.S. dollar stablecoin, is live on the Stellar network. MGUSD is designed to plug seamlessly into MoneyGram's suite of financial services, making cross-border payments easier than ever. Built on Stellar. Built for the world. prnewswire.com/news-releases…
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MoneyGram retweeted
Proof beyond pilots. @MoneyGram's launch of MGUSD on Stellar is an example of how blockchain can accelerate traditional financial infrastructure and deliver real results, globally.
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Introducing MGUSD. MoneyGram's native U.S. dollar stablecoin. Natively issued on @StellarOrg. Built with @Stablecoin, @M0 and @FireblocksHQ. Live in the U.S. today.
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MGUSD is built to power MoneyGram's own global network. This isn't about just launching another crypto product. This is about creating a stronger network and remittance experience for our customers.
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