MoneyGram Expands Crypto Cash Ramps to Solana

MoneyGram has expanded its Ramps service to Solana, allowing wallets and exchanges on the network to offer cash-to-crypto and crypto-to-cash conversions. This move follows MoneyGram's previous integration with Stellar, making Solana its second supported blockchain.

Rift is the first Solana (SOL) wallet to integrate the service, enabling users to move between cryptocurrency and local currencies through MoneyGram's payments network. The Ramps service supports cash deposits in over 25 countries and withdrawals in more than 170 countries and territories.

MoneyGram's partnership with Solana is part of a broader effort to make Ramps available across multiple blockchain ecosystems, according to the company. In June, MoneyGram became a Solana validator, staking SOL and processing transactions on the network.