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Meanwhile, MoneyGram wants to get involved in bitcoin transfers to El Salvador, CEO Alex Holmes told Bloomberg. Remittances make up 20% of its GDP.
Business Insider 2022 May 30
MoneyGram thinks there could be a future in crypto, Bloomberg reports, as it prepares to roll out a service for users to convert stablecoins to hard currency. The report notes that this would be done in partnership with the Stellar blockchain.
PYMNTS 2022 May 29
MoneyGram International's (MGI) Money Transfer business continues to perform well on the back of its rising cross-border transactions.
Zacks Investment Research 2022 May 13