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MoneyGram Launches Dollar-Denominated Stablecoin MGUSD

MoneyGram introduced MGUSD on June 11, 2026. CEO Anthony Soohoo discussed the launch during a Squawk Box Europe segment that aired at 11:09 AM EDT.

1 source·Jun 11, 11:09 AM(23 days ago)·1m read

MoneyGram Launches Dollar-Denominated Stablecoin MGUSD

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MoneyGram launched a dollar-denominated stablecoin named MGUSD. The company said the token is intended to bolster its financial services infrastructure on blockchain. Anthony Soohoo, MoneyGram's CEO, appeared on Squawk Box Europe to discuss the launch.

The segment aired on June 11, 2026 at 11:09 AM EDT. Cnbc reported that MoneyGram has entered the stablecoin race with its own dollar-denominated token.

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