MoneyGram says Blockchain Works Best When Customers Don’t Notice It

MoneyGram CEO Anthony Soohoo said the company’s blockchain strategy has shifted from experimentation to modernizing its global payments infrastructure. Speaking in an interview with CoinDesk, Soohoo said MoneyGram sees blockchain as a back-end tool to make cross-border transfers faster, cheaper and more transparent, while its MGUSD stablecoin is meant for use inside the company’s own payments ecosystem.