Woofun AI reports that MoneyGram is modernizing its cross-border payment infrastructure through blockchain adoption. CEO Anthony Soohoo emphasized that the strategy aims to enhance speed, cost-efficiency, and transparency while keeping the underlying technology invisible to end-users.

Stellar remains the primary blockchain partner. The company is broadening its on-chain footprint by acting as a validator on Solana and Tempo.

Additionally, MoneyGram intends to utilize its MGUSD stablecoin to develop further financial products within its proprietary ecosystem.