Why MoneyGram Built Its Own Stablecoin Instead of Using Someone Else's | Anthony Soohoo, MoneyGram

On today's Talking Tokens, Jacquelyn sits down with MoneyGram CEO Anthony Soohoo to talk about MGUSD, the company's new dollar-backed stablecoin built on Stellar with help from Bridge, Fireblocks, and M0.Anthony explores why launching MoneyGram decided to have its own stablecoin and breaks down how its 60 million active customers and nearly 500,000 retail locations across 200 countries play a role in it. Jacquelyn and Anthony also discuss why the real winners in this space might be the ones who make stablecoins disappear into the background entirely and how the asset can have a dual role in finance.TIMESTAMPS00:00 Introduction to MGUSD and MoneyGram's Vision03:04 The Complexity of Cross-Border Payments06:31 Leveraging Existing Infrastructure for Adoption10:15 The Role of Cash in a Digital Future12:35 Stablecoins as a Preferred Payment Method14:09 Self-Custody and User Education18:22 The Future of Stablecoins and Consumer Adoption21:33 Navigating Regional Differences in Adoption24:07 Stablecoins vs. Traditional Banking25:52 Choosing the Right Partners for MGUSD28:40 The Dual Role of Stablecoins in Finance31:21 Lessons from the Crypto Industry34:51 Advice for Success in the Financial SpaceYou can subscribe to the podcast on Spotify, Apple or YouTube. If you enjoy the show, please leave a review — it really helps. Spotify: https://open.spotify.com/show/0LOgWxIQ0NnNUD5eXsSuoZ Apple Podcasts: https://podcasts.apple.com/us/podcast/talking-tokens/id1743669141YouTube: https://www.youtube.com/@TalkingTokens Follow us on X Jacquelyn:   / jacqmelinek   Talking Tokens:   / _talkingtokens   Follow us on Instagram   / _talkingtokens  Note: This podcast is for informational purposes only. Views shared are opinions, not financial advice. The host or guests may have financial interests in discussed content.