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MoneyGram's CEO says blockchain works best when customers don't know it's there

CoinDesk 2026-07-21 13:38:13
Context: MoneyGram's CEO, Anthony Soohoo, has stated that the company's blockchain strategy has matured beyond initial trials and is now focused on upgrading its worldwide payment systems. This development indicates a shift towards a more integrated and possibly seamless use of blockchain technology in financial transactions. Soohoo's comments were made during an interview with CoinDesk.

Key Facts

  • MoneyGram's blockchain strategy has evolved from early experimentation into a broader effort to modernize the company's global payments infrastructure, according to CEO Anthony Soohoo.
  • Soohoo believes that blockchain works best when customers do not realize it is being used, suggesting a push towards integrating the technology in a way that it operates behind the scenes.
  • The CEO's comments were made in an interview with CoinDesk, a platform that covers news and trends in cryptocurrency and blockchain technology.
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