• CONTACT
  • MARKETCAP
Coin  Deskk
  • BOOKMARKS
  • What’s New
  • Cryptocurrency
  • Pages
    • Contact Us
    • Search Page
    • Customize Interests
    • My Bookmarks
  • Home Coin
  • Home Coin
Reading: MoneyGram brings Solana cash ramps to 170+ markets
Share
Coin  DeskkCoin  Deskk
Font ResizerAa
  • Home
  • Crypto
  • Market
  • Blockchain
  • Contact
Search
© 2026 Coindeskk News Network. All Rights Reserved.
What's New

MoneyGram brings Solana cash ramps to 170+ markets

Crypto
Last updated: August 12, 2026 4:09 pm
Crypto
Published: August 12, 2026
Share
MoneyGram brings Solana cash ramps to 170+ markets

MoneyGram expanded its blockchain payments strategy on Aug. 11 by launching MoneyGram Ramps on Solana, giving wallets, exchanges and developers access to its cash network through one API.  Summary MoneyGram Ramps now gives Solana applications cash withdrawals across more than 170 countries and territories. Cash deposits are available in over 25 countries through one developer API without banking integrations. Rift became the first Solana wallet to integrate MoneyGram Ramps for crypto and local currency. MoneyGram already operates a Solana validator after joining the network and developer platform in June. U.S. Ramps access excludes Alaska, Louisiana, Hawaii and New York, according to MoneyGram’s product page. The company’s release says the integration supports cash deposits in more than 25 countries and cash withdrawals in more than 170 countries and territories. Rift is the first Solana wallet to integrate the service. The launch builds on MoneyGram’s June entry into Solana as a validator and participant in the Solana Developer Platform, extending the relationship from network infrastructure into customer facing payment access. MoneyGram Ramps gives Solana cash access in 170+ markets MoneyGram says developers can obtain API credentials, use a sandbox and integrate software development kits without building separate banking connections. Solana has embedded Ramps in the payments module of its Developer Platform, allowing apps to connect onchain activity with MoneyGram’s physical cash network. MoneyGram says its wider network serves more than 60 million active customers and includes nearly half a million retail locations. Solana’s announcement lists international payouts, stablecoin payroll and aid distribution as possible applications. Those are proposed use cases, not announced customer deployments. MoneyGram’s corporate site says its broader network spans more than 200 countries and territories, with more than 480,000 retail locations and over five billion digital endpoints. Ramps does not mirror that full footprint: the product currently advertises crypto to cash access in more than 170 countries, while cash deposits are available in more than 25. MoneyGram Ramps is live on Solana, source: Solana/X The current MoneyGram Ramps page describes customer flows using USDC. Users can add cash to a crypto wallet at participating locations or convert USDC into cash. The Solana announcement does not say MoneyGram’s MGUSD stablecoin is moving networks. MGUSD launched on Stellar in June, initially in the U.S., as crypto.news reported in its June stablecoin coverage. U.S. access comes with state limits The launch also carries a direct U.S. payments angle. MoneyGram Payment Systems is registered as a money services business with FinCEN and says it is authorized to do business in all 50 states, Washington, D.C., and U.S. territories. However, its current Ramps page says the product is unavailable in Alaska, Louisiana, Hawaii and New York. Solana developers can therefore connect to a U.S. regulated payments operator, but customer availability still depends on location and product rules. MoneyGram says it handles identity checks, compliance and real time stablecoin settlement within Ramps. Its existing licensing does not make every Ramps function available everywhere. The product page says MoneyGram handles stablecoin settlement, fiat payout and compliance checks behind the integration. That setup lets a wallet or exchange add cash access without separately assembling MoneyGram’s underlying payment and compliance connections. The integration follows MoneyGram’s June 22 move to become an active Solana validator and join the Solana Developer Platform, as crypto.news reported in its earlier validator coverage. MoneyGram said it stakes SOL, processes transaction blocks and participates directly in network consensus. What happens next for MoneyGram’s Solana push MoneyGram is positioning Ramps as a multichain product rather than replacing its Stellar work. Its latest official materials still identify MGUSD as natively issued on Stellar, while Solana now gains access to the company’s cash connectivity. The approach also puts MoneyGram alongside established payment firms expanding blockchain rails, including Western Union’s Solana expansion covered in related reporting. MoneyGram CEO Anthony Soohoo described the launch as “another step toward building a truly open, global payments network.” The statement sets out the company’s objective, but the immediate measure will be adoption. MoneyGram has not announced another Solana wallet integration beyond Rift or provided a timetable for additional partners. MoneyGram’s current Ramps page also marks bank, mobile wallet and card withdrawals, along with debit card and bank account funding, as “coming soon.” Those functions would extend Ramps beyond physical cash locations if released. No firm launch date is listed, so the Solana rollout currently centers on the cash access announced this week.

Cryptocurrency Revolution Nears: Citigroup Set to Storm Market With ETFs
Pi Network Price Prediction: Can PI Reclaim $0.20?
Eden Miner app: Turn smartphones into powerful cloud mining hubs
Unveil Bitcoin’s Shocking New Twist – Transform Your Crypto Game Now!
American retirees use ETH AI auto trading via MoneySimpler to earn $58,500 stable passive income monthly

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Nasdaq targets 24 hour trading with LeveL acquisition Nasdaq targets 24 hour trading with LeveL acquisition
Next Article Goliath Ventures hit by SEC, CFTC in $425M crypto case Goliath Ventures hit by SEC, CFTC in $425M crypto case

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
A16z Delves Deep: $70m Bet on EigenLayer Before EigenCloud Takes Off
A16z Delves Deep: $70m Bet on EigenLayer Before EigenCloud Takes Off
Shiba Inu Plunges: Will It Survive This Critical Test?
Shiba Inu Plunges: Will It Survive This Critical Test?
Solana Breaks Limits: Prepare for Unstoppable Blockchain Revolution Ahead
Solana Breaks Limits: Prepare for Unstoppable Blockchain Revolution Ahead

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Coin  Deskk

We influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

© Coindeskk News Network. All Rights Reserved.