AI · Cointelegraph
MoneyGram broadens crypto cash ramps to Solana
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
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MoneyGram’s Ramps service now connects Solana wallets and applications to its global cash network, with Rift becoming the first wallet to integrate the service.
Key facts
- In an X post announcing the launch, Solana said MoneyGram serves more than 60 million customers through nearly 500,000 retail locations across more than 170 countries, with the network now accessible
- Ramps supports cash deposits in more than 25 countries and withdrawals in more than 170 countries and territories, according to MoneyGram
- In June, MoneyGram became a Solana validator, staking SOL and processing transactions on the network
- MoneyGram’s Ramps service now connects Solana wallets and applications to its global cash network, with Rift becoming the first wallet to integrate the service
Summary
Global remittance company MoneyGram has expanded its Ramps service to Solana, allowing wallets, exchanges and developers on the network to offer cash-to-crypto and crypto-to-cash conversions through its payments network. Ramps previously operated on Stellar, making Solana its second supported blockchain. In an X post announcing the launch, Solana said MoneyGram serves more than 60 million customers through nearly 500,000 retail locations across more than 170 countries, with the network now accessible to Solana developers through a single API. Ramps supports cash deposits in more than 25 countries and withdrawals in more than 170 countries and territories, according to MoneyGram.