MoneyGram's Head of FinTech Strategy and Innovation on Crypto Adoption and Future Plans

TLDRIn this interview, Luther Maday, the Head of FinTech Strategy and Innovation at MoneyGram, discusses the company's adoption of crypto and blockchain technology. MoneyGram has partnered with Stellar and is using the USDC stablecoin to provide cash on and off ramps for cryptocurrency. Maday emphasizes that the company believes in the potential of crypto to revolutionize remittances and settlement. While there are no plans for MoneyGram to create its own token, the focus is on leveraging existing stablecoins for cross-border money movement. Maday also highlights MoneyGram's partnership with Coinme for crypto to cash on and off ramps.

Key insights

🌐MoneyGram sees crypto and blockchain technology as a way to revolutionize remittances and settlement.

💱The company has partnered with Stellar and is using the USDC stablecoin for cash on and off ramps.

💼MoneyGram believes in leveraging existing stablecoins rather than creating its own token.

💰The focus is on enabling cross-border money movement and improving trade using crypto.

🔁MoneyGram has partnered with Coinme for crypto to cash on and off ramps.

Q&A

What is MoneyGram's view on crypto and blockchain?

—MoneyGram believes that crypto and blockchain technology have the potential to revolutionize remittances and settlement.

What stablecoin is MoneyGram using for cash on and off ramps?

—MoneyGram is using the USDC stablecoin for cash on and off ramps.

Does MoneyGram have plans to create its own token?

—No, MoneyGram does not have plans to create its own token. The focus is on leveraging existing stablecoins.

What is MoneyGram's goal in the crypto space?

—MoneyGram aims to enable cross-border money movement and improve trade using crypto.

Who is MoneyGram partnering with for crypto to cash on and off ramps?

—MoneyGram has partnered with Coinme for crypto to cash on and off ramps.

Timestamped Summary

01:19MoneyGram has partnered with Stellar and is using the USDC stablecoin for cash on and off ramps.

04:30MoneyGram sees crypto and blockchain technology as a way to revolutionize remittances and settlement.

07:10MoneyGram does not have plans to create its own token. The focus is on leveraging existing stablecoins.

09:10MoneyGram aims to enable cross-border money movement and improve trade using crypto.

12:50MoneyGram has partnered with Coinme for crypto to cash on and off ramps.

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