MoneyGram expands crypto cash ramps to Solana

cointelegraph2026-08-11 tarihinde yayınlandı2026-08-11 tarihinde güncellendi

Özet

Global remittance firm MoneyGram has expanded its Ramps service to the Solana blockchain, enabling wallets, exchanges, and developers on the network to offer cash-to-crypto and crypto-to-cash conversions. Previously only operating on Stellar, Solana is the second blockchain supported. The Solana wallet Rift is the first to integrate the service. MoneyGram, with over 60 million customers and nearly 500,000 locations across 170+ countries, now provides Solana developers access to its payment network via a single API. Ramps supports cash deposits in over 25 countries and withdrawals in over 170. The service is integrated into the Solana Developer Platform, allowing developers to incorporate MoneyGram's fiat on- and off-ramps without building their own banking integrations. This launch is part of MoneyGram's broader plan to deploy Ramps across multiple blockchain ecosystems, following its recent role as a Solana validator and its participation in the Solana Developer Platform.

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. Rift is the first Solana (SOL) wallet to integrate the service, allowing users to move between crypto and local currencies through MoneyGram.

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.

Source: Solana

Ramps supports cash deposits in more than 25 countries and withdrawals in more than 170 countries and territories, according to MoneyGram. The service, also integrated into the Solana Developer Platform’s payments module, lets developers add MoneyGram’s fiat on- and off-ramp infrastructure without building their own banking integrations.

The company said the Solana launch is part of a broader effort to make Ramps available across multiple blockchain ecosystems. In June, MoneyGram became a Solana validator, staking SOL and processing transactions on the network. It also joined the Solana Developer Platform as part of that expansion.

Magazine: Bitcoin will never fall below $60K again: Nansen founder

İlgili Sorular

QWhat new blockchain has MoneyGram's Ramps service expanded to support?

AMoneyGram's Ramps service has expanded to support the Solana blockchain.

QWhich wallet is the first on Solana to integrate MoneyGram's Ramps service?

AThe Rift wallet is the first Solana (SOL) wallet to integrate MoneyGram's Ramps service.

QHow can Solana developers access MoneyGram's payments network?

ASolana developers can access MoneyGram's payments network through a single API integrated into the Solana Developer Platform's payments module.

QWhat is one of the advantages for developers using MoneyGram's Ramps service on Solana?

AThe service allows developers to add MoneyGram's fiat on- and off-ramp infrastructure without having to build their own banking integrations.

QWhat two key actions did MoneyGram take earlier in 2024 to deepen its involvement with the Solana ecosystem?

AIn June 2024, MoneyGram became a Solana validator (staking SOL and processing transactions) and also joined the Solana Developer Platform.

İlgili Okumalar

ENS Plans Large-Scale Expansion of Institutional Activity via Foundation Launch

The Ethereum Name Service ($ENS) DAO token holders ratified the "Next Era of $ENS DAO" proposal, leading to the launch of the $ENS Foundation on-chain as a legal operational entity with a paid executive director, staff, and a five-member board, according to an August 11 blog post by $ENS Labs. This new foundation addresses limitations of the DAO structure, enabling activities like signing standardization agreements, hiring full-time staff, pursuing trademark infringements, and interacting with regulators and courts. $ENS Labs will now focus on technical development, including the ENSv2 upgrade, while the foundation handles off-chain operations, engages with bodies like ICANN and W3C, and pursues a .eth top-level domain. The $ENS DAO retains 54.6% of the total token supply and control over the protocol. The foundation is funded by .eth domain registration revenues, with its transactions subject to a 9-day security council veto period. It is a separate legal entity from $ENS Labs. The inaugural board includes Alexander Urbelis (Executive Director, former $ENS Labs CISO), founder Nick Johnson ($ENS Labs CEO), and three independent directors. Board terms last two years. This update follows governance tensions earlier in the year, including a June proposal for a temporary security council restructure. CEO Nick Johnson's significant token holdings reportedly influenced a vote against extending prior security council agreements, leading to a new eight-member council. Currently, the $ENS token is trading around $4.12, down over 95% from its November 2021 peak.

cryptonews.ru8 dk önce

ENS Plans Large-Scale Expansion of Institutional Activity via Foundation Launch

cryptonews.ru8 dk önce

İşlemler

Spot
活动图片