MoneyGram Brings Cash-to-Crypto Ramps to Solana

MoneyGram has expanded its cash-to-crypto and crypto-to-cash API, MoneyGram Ramps, to Solana. The first Solana wallet to integrate it is Rift, a self-custody trading app.

This move removes the bridging step for Solana wallets, which previously had to route users through Stellar to access MoneyGram's retail cash network. With this integration, developers can now get instant API credentials and sandbox access without building banking integrations.

MoneyGram operates nearly 500,000 retail locations in more than 25 countries for cash deposits and over 170 countries and territories for cash withdrawals. The company serves more than 60 million customers.