MoneyGram International Inc.

Yeah, I know, you know, and as many Americans, you know, have maybe relatives living overseas and you send them money to help them.

But, you know, through the Western Union or MoneyGram or what have you.

That's, I think, totally different than what they're doing.

Is that right? Because you still there's a lot of parameters regarding that money that goes over as well.

Today's guest is Alfonso Gomez-Giordano, co-founder and CTO of Crossmint.

He built I'm Not a Robot checkbox at Google, and now his company is helping companies like MoneyGram and Western Union and others rebuild their core financial services on stablecoins, backed by companies like Ribbit.

You'll hear what's going on with stablecoin adoption today, why banks, fintechs, and networks are adopting it, and what the future of money means in the singularity.

Subscribe to the show and Early Riders research at earlyriders.com. For those who don't know, we invest in digital asset infrastructure and publish free research for folks who are looking to understand how to navigate the singularity, what fracturing geopolitical system and inflation means for businesses today, and how the monetary system is changing.

Okay? At that level.

What does that mean in concrete terms? Today, we're a platform.

We're a platform that companies like MoneyGram, remittance companies like MoneyGram, Neobanks, there's a bunch in, for example, Latin America, trading applications, even like some social applications, some agents, whenever they need to use stable coins, tokenized assets, wallets, to vote money programmatically or hold money programmatically, they come to us and across me where I won't stop shop.

So we give them, we have, this is for the more technical part of the audience, but we have wallets as a service to store digital assets.

I'm having this OpenUSD example in my head because that's such a mix of different types of institutions, starting with the largest payment players, like all the three major card networks are there, Mastercard, Visa, Amex as well.

So we have Stripe there, I think we have PayPal, we have Klana, we have Western Union, MoneyGram, all of them are there.

And that's in parallel to their own individual initiatives of launching their own respective stablecoins, which also struck me as a surprising thing.

Like, guys, are you going to make these two assets compete? What's really then the...

This live pilot demonstrates our ability to accelerate global cash management and money movement capabilities, said Gunjan Khedia, chairman and CEO at U.S. Bank.

incredible folks what is happening i i hope you are as bullish as i am i hope you're not getting dismayed by the short-term price action and the volatility i'm telling you once we get full clip crypto regulation and all these guys go live into production from pilot and trial and testing phase to full production you're going to see these blockchain networks go up in value their native tokens will go up in value uh we are still early this is just the tip of the iceberg And speaking of Stellar, MoneyGram, which is using Stellar for their stablecoin, right? Many of you know this.

They have launched a USDC stablecoin powered Visa card, letting customers spend stablecoins anywhere Visa is accepting.

Launching first in Colombia with physical card and ATM withdrawals to follow later this year.