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MoneyGram’s newly launched MGUSD stablecoin is designed to give underbanked consumers access to a stable dollar-denominated balance inside the payment network's app, CEO Anthony Soohoo on Thursday said, positioning the product as a consumer financial-services tool rather than another crypto trading

MoneyGram CEO Anthony Soohoo said the next phase of crypto adoption will depend on how easily users can convert digital assets into real-world money, pointing to off-ramp infrastructure as the industry’s biggest unresolved challenge. In an interview with Yellow.com on the sidelines of Consensus, Soo