MoneyGram expands blockchain rails beyond Stellar and positions MGUSD for internal flows
CEO Anthony Soohoo said the goal is faster, cheaper remittances with blockchain kept invisible to customers.
Open network for payments and asset issuance.
View Stellar price, charts & market data →CEO Anthony Soohoo said the goal is faster, cheaper remittances with blockchain kept invisible to customers.
The 40-member governance roster includes Visa, Mastercard, AmEx, Ripple, Google, AWS, and Cloudflare.
UNDP cited a Syria program cutting distribution costs from 10% to 2% and a Haiti pilot that kept paying through an outage.
Eighteen of 20 constituents were higher, with BCH up 5.8% while HBAR and XLM were the only decliners.
Ethereum holds 57.8% of tokenized-asset value, while funds account for nearly 80% of market cap in Token Terminal’s snapshot.
Jenny Johnson pointed to Benji’s Stellar cost figures and a MoonPay stablecoin workflow as the institutional path.
Options skew and implied vol firmed as traders watched a $68,600 liquidation pocket and AI tokens diverged from majors.
The firm says it wants the Stellar-issued instrument to reach institutional use cases despite IMF warnings on capacity and risk.