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.
Most P2P payment companies focus on the sender.
We focus on both sides of the transaction.
Because the recipient should have the same flexibility and experience as the person sending the money.
That belief shapes everything we build.
Regulation is still being written. @MoneyGram needed a stablecoin stack built for what comes next, not locked into what exists today. That's why they chose to build on M0.
There is no other stablecoin infrastructure in the market that offers that optionality. Other stablecoin
Emergencies don’t only happen during business hours.
Rent can’t always wait until Monday.
Hospitals don’t close on weekends.
Money should move at the speed of life.
That’s exactly what we’re building.
We chose partners who could move as quickly as we do.
The partners behind MGUSD were selected in large part because they share our approach to execution: fast, direct, accountable and focused on getting real products into customer hands.
In return, a stronger MoneyGram consumer
Over the past year, we changed how MoneyGram builds.
In a fast-moving market, strategy alone isn't enough. You need the ability to decide, execute, learn and adapt quickly.
That's how MGUSD came to life.
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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.
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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 ⬇️
"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
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.
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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.