laert skreli

bd & partnerships @M0 // prev legend, bread (acq $450M), synchrony

[laert skreli @laert]

@notthreadguy its giving bad bunny

[laert skreli @laert]

@FerdiDabitz @augustus_bank @KSthankiya @kraken great convo - insane backdrop.

[laert skreli @laert]

strong parallel between cobrand cards and stablecoins.

co-brands have fine-tuned capabilities in-system and spend like regular credit elsewhere.

owning your own stablecoin infra is like that. capture the economics, customize the experience but retain the interoperability.

[Fireblocks @FireblocksHQ]

A stronger remittance experience for 60M+ active customers.

That's what $MGUSD is built for. MoneyGram's native USD stablecoin, powering its own global network.

Issued by @Stablecoin. Mint and burn on @m0. Live on @StellarOrg. Held in @FireblocksHQ wallets.

[laert skreli @laert]

@tomerweller gm @tomerweller

[laert skreli @laert]

@maxwallenberg @iron @moonpay @FTI_US nice work @maxwallenberg & team!

[Galaxy @galaxyhq]

MGUSD launched in the U.S. market and is designed to power consumer balances and money transfers across @MoneyGram's global network. MoneyGram plans to expand this across its network of 60M+ customers, nearly 500,000 retail locations, and connections to five billion digital wallets and accounts.

[Paolo Diomede | Certora @pdiomede]

One of my favorite products is @saturn_credit. It’s easy to use and easy to understand: DeFi made simple, backed by BTC. Plus, they prioritized security from day one 🛡️

[laert skreli @laert]

@jasonkarsh congrats on the launch @jasonkarsh

[laert skreli @laert]

Deploying a digital dollar onchain is trivial.

deploying a cross-chain native digital dollar with full interoperability is a feat.

what gets me most fired up about our work at @m0 is the obsession with achieving that feat for every one of our customers.

[Greg Di Prisco @g_dip]

I've been so excited for this because it's one of the first use cases without even a little bit of a speculative backdrop. Just a big company using stablecoins because it's better for their users. Built by @m0.

[Tokenized Podcast @TokenizedPod]

🚨 BONUS @TokenizedPod: MoneyGram Launch Stablecoin MGUSD

@sytaylor is joined by:

👉 @anthonysoohoo, CEO, @MoneyGram

👉 @LucaProsperi, CEO, @m0

To discuss:

⏳ Cost effectiveness and real time settlement of stablecoins

🏗️ M0's role as modular infrastructure for stablecoin issuance

💳 Self custodial wallet for receiving stablecoins in MoneyGram app

🏛️ Refounding the company with unified backend infrastructure

💸 Spectrum of self custody in digital money

💎 Stablecoin improving treasury and accounts receivable operations

🏦 Exploring MGUSD for internal payroll use cases

💵 Holding currency pegged to stable currency like USD

🌐 Minting and distributing MGUSD through existing network

***

Timestamps:

00:00 Introduction

1:24 Cost effectiveness and real time settlement of stablecoins

3:41 M0's role as modular infrastructure for stablecoin issuance

6:10 Self custodial wallet for receiving stablecoins in MoneyGram app

8:32 Refounding the company with unified backend infrastructure

9:22 Spectrum of self custody in digital money

13:01 Stablecoin improving treasury and accounts receivable operations

13:01 Exploring MGUSD for internal payroll use cases

13:01 Holding currency pegged to stable currency like USD

14:33 Minting and distributing MGUSD through existing network

***

👉𝘚𝘦𝘢𝘳𝘤𝘩 '𝘛𝘰𝘬𝘦𝘯𝘪𝘻𝘦𝘥 𝘗𝘰𝘥𝘤𝘢𝘴𝘵' 𝘖𝘯 𝘠𝘰𝘶𝘛𝘶𝘣𝘦. 𝘈𝘱𝘱𝘭𝘦, 𝘚𝘱𝘰𝘵𝘪𝘧𝘺 𝘰𝘳 𝘢𝘯𝘺 𝘗𝘰𝘥𝘤𝘢𝘴𝘵 𝘗𝘭𝘢𝘺𝘦𝘳! 👈

[Anthony Soohoo @anthonysoohoo]

Today we launched MGUSD.  

This wasn’t a decision made overnight. 
This is the result of five years of putting stablecoin to work in the real world.  

The outcome: A purpose-built stablecoin to power @MoneyGram global network.  

Not for traders or institutions, but to make the experience better, faster, and more cost effective for our customers.

[laert skreli @laert]

interoperable, modular on day 1.

congrats to the teams on the launch of MGUSD.

[M0 @m0]

Just announced at @money2020 Europe!

@MoneyGram is introducing MGUSD, a stablecoin to power its own global network, built on M0’s modular infrastructure. MGUSD will be issued by @Stablecoin and run on the @StellarOrg blockchain.

[laert skreli @laert]

congrats to the teams.
modular stablecoin infrastructure powered by @M0.

[Fintech is Easy @fintechiseasy]

🚨 @MoneyGram to launch its native USD stablecoin $MGUSD to power remittances, custodial and yield services for their customers in high inflation markets.

Launched in partnership with @privy_io and @m0

[laert skreli @laert]

@CallMeGillette @lightspark beast! congrats!

[laert skreli @laert]

@davidfeiock @money2020 @m0 yes AND 🤝

[laert skreli @laert]

let’s meet at @money2020 if you’re ready to take your digital asset strategy from idea to reality.

@m0’s modular stablecoin infra stack is the best way to launch an interoperable, cross-chain native stablecoin for your brand.

dms are open.

[M0 @m0]

See you soon @money2020 🫡

Everyone considering stablecoins faces the same limited options.

With M0, you can launch a stablecoin built around your business, not someone else's. Yours to evolve as your business does.

Connect with the M0 team in Amsterdam!

[M0 @m0]

See you at @money2020 Europe this Tuesday! 👋

Catch @LucaProsperi, Co-founder & CEO of M0 and connect with the team to explore what modular stablecoin infrastructure can do for your business.

[laert skreli @laert]

@AlexH_Johnson i think max likes his job, he’d say no

[laert skreli @laert]

@AlexH_Johnson alex the fan fiction is getting crazy!