MoneyGram CEO Eyes Global Adoption with MGUSD

MoneyGram is venturing into the cryptocurrency space with the launch of its own stablecoin, MGUSD. The company's CEO, Anthony Soohoo, expressed ambitions for widespread global adoption of this new digital currency. This initiative signifies MoneyGram's strategic pivot towards integrating blockchain technology and digital assets into its core remittance services, aiming to streamline international transactions and expand its reach in the burgeoning digital finance market.