MoneyGram Opens Its Global Cash Network to Solana

1 month ago 19

Rommie Analytics

Key Takeaways

  • MoneyGram Ramps is now native to Solana.
  • Rift is the first wallet integration.
  • Solana expands, rather than replaces, MoneyGram’s Stellar strategy.
  • Legacy payment networks are moving deeper into stablecoin infrastructure.

MoneyGram Brings Ramps Directly to Solana

MoneyGram announced on August 11 that MoneyGram Ramps is now live natively on Solana, giving wallets, exchanges and developers access to its cash-to-crypto and crypto-to-cash infrastructure through a single API.

Developers can connect their applications to MoneyGram’s existing network rather than building separate banking and cash-access integrations market by market. The company provides API credentials, sandbox access, documentation and SDKs for integrating Ramps into digital-asset products.

Rift became the first Solana wallet to launch the service for users, allowing customers to move be...

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