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Reinventing MoneyGram With Stablecoins

10 snips
Nov 28, 2025
Anthony Soohoo, Chairman and CEO of MoneyGram, shares insights on a transformative journey for the company, pivoting towards digital wallets and stablecoins. He highlights the importance of a customer-first strategy, explaining how stablecoins can save users time, effort, and money, especially in high-inflation environments. Anthony discusses MoneyGram Ramps, bridging digital assets with physical currency, and reveals why Colombia was chosen as the first launch market. He also explores the convergence of AI with programmable money and predicts stablecoins as the future backbone of finance.
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ANECDOTE

Refounding MoneyGram Around Its Mission

  • Anthony Soohoo recounts MoneyGram's global reach with 500,000 retail locations and billions of digital endpoints.
  • He frames his mission as a 'refounding' to reconnect the company to its founding purpose and expand services.
INSIGHT

Start With Customer Problems First

  • Anthony warns against starting with technology and searching for problems to solve; start with high-fidelity customer problems instead.
  • He argues killer apps unlock industries, comparing stablecoins' potential to the spreadsheet or browser.
ADVICE

Use Stablecoins To Cut Time And Cost

  • Use stablecoins to save customers time, effort, and money by enabling real-time sends, safer verification, and lower operational costs.
  • Treat treasury benefits as product advantages: settle in T+0, reduce pre-funding, and improve risk management.
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