MoneyGram expands Ramps to Solana for cash-to-crypto and crypto cash-outs

MoneyGram expands Ramps to Solana for cash-to-crypto and crypto cash-outs

The launch gives Solana apps access to MoneyGram's cash network through one API, with Rift as the first wallet integration and USDC-based cash deposits in 25-plus countries and withdrawals across 170-plus markets.

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Fact Check
The official Solana Foundation news page (solana.com/news/moneygram-ramps) confirms MoneyGram Ramps went live on Solana on August 1, 2026, offering a single developer API for cash deposits in 25+ countries and withdrawals in 170+ countries/territories — matching every element of the claim. CryptoBriefing and CoinDesk independently corroborate the same expansion. All numeric and date details align across sources.
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Summary

MoneyGram has launched its Ramps API on Solana, giving wallets, exchanges and developers on the network direct access to cash-to-crypto and crypto-to-cash infrastructure through a single integration. The service supports cash deposits in more than 25 countries and cash withdrawals in more than 170 countries and territories, with current customer flows on the product page described in USDC. Rift is the first Solana wallet to integrate the product. Developers can obtain API credentials, use a sandbox and software development kits, and connect through the payments module of the Solana Developer Platform without building separate banking integrations. MoneyGram said the setup handles identity checks, compliance, stablecoin settlement and fiat payout behind the integration. The rollout extends MoneyGram's June move to become a Solana validator and join the Solana Developer Platform, broadening the relationship from network infrastructure into customer-facing payments access. MoneyGram says its wider network serves more than 60 million active customers through nearly half a million retail locations, although Ramps currently offers a narrower footprint than the company's broader global network. In the United States, the current product page says Ramps is unavailable in Alaska, Louisiana, Hawaii and New York. The launch adds Solana to MoneyGram's multichain blockchain payments strategy rather than replacing its Stellar work. MoneyGram's materials still identify MGUSD as natively issued on Stellar, while Solana gains access to the company's cash connectivity. Possible uses cited by Solana include international payouts, stablecoin payroll and aid distribution, though MoneyGram has not announced additional Solana wallet partners or a timetable for further integrations.

Terms & Concepts
  • fiat on- and off-ramp: Infrastructure that lets users move between local currency and digital assets.
  • stablecoin: A digital token designed to track the value of a fiat currency, usually the U.S. dollar.
  • validator: A network participant that helps verify transactions and support blockchain operations.