MoneyGram extends its crypto cash network to Solana

@MoneyGram has brought its Ramps product to @solana, opening its cash network to wallets, exchanges, and developers building on the chain. The service supports cash deposits in more than 25 countries and withdrawals in more than 170 countries and territories. The move marks a significant expansion for a payments company that has been embedding blockchain infrastructure into its core business for several years.

What MoneyGram Ramps Does

MoneyGram Ramps is a tool that lets apps connect users to cash-to-crypto and crypto-to-cash services, a "ramp" being the bridge between traditional money and digital assets. The service lets users convert cash into digital assets or cash them out through MoneyGram's payment network without each crypto app having to build its own connections to banks and cash outlets. MoneyGram Ramps is also embedded in Solana Developer Platform's payments module, which connects Solana builders with the payment flows their applications need to reach users at scale.

Rift becomes the first wallet on Solana to integrate the solution. Rift is an AI-powered trading platform offering access to equities, commodities, crypto, and foreign exchange.

Part of a Broader Multi-Chain Strategy

The Solana launch is not MoneyGram's first move on a public blockchain. In 2022, it rolled out a service with the Stellar Development Foundation that allowed users to move between cash and Circle's USDC stablecoin through its retail network, giving crypto wallets a physical entry and exit point for digital dollars. Ramps first launched on Stellar in May 2025, and the Solana integration extends that infrastructure to a second major ecosystem.

The company has also been deepening its ties with Solana, becoming a validator in June, helping process and secure transactions on the network. The move deepens MoneyGram's push into stablecoin-based payments and remittances, building on its earlier USDC cash-on/off-ramp with Stellar and the launch of its own dollar-backed stablecoin, MGUSD.

MoneyGram is a payments firm with more than 85 years of experience, serving over 60 million customers through nearly half a million retail locations worldwide. That physical footprint is central to the product's appeal: for developers building Solana-based financial applications, the embedded Ramps integration removes one of the biggest friction points in user acquisition, with a single API that lets someone walk into a local shop, hand over cash, and receive stablecoins in their wallet.

Sources:
MoneyGram Ramps Goes Multichain with Solana Launch (PR Newswire)
MoneyGram Expands on Solana with Global Crypto-to-Cash Service (CoinDesk)
MoneyGram Expands Global Crypto-to-Cash Service on Solana (Crypto Briefing)