MoneyGram's CEO Anthony Soohoo says the goal is blockchain customers never notice, and that the company is issuing its own stablecoin, MGUSD, for transfers between its own customers: "If someone's sending money from MoneyGram to MoneyGram, why shouldn't it be our own coin?" That is a company settling accounts with itself and calling it infrastructure. The chain here does not remove the trusted third party. It hires one, in-house, and hides the receipt.