MoneyGram Expands Global Crypto-to-Cash Service on Solana

MoneyGram has expanded its global crypto-to-cash service to Solana, allowing wallets, exchanges, and developers on the network to access its cash infrastructure through an API. The company's Ramps service supports cash deposits in over 25 countries and withdrawals in more than 170 countries and territories.

The integration with Rift, the first Solana wallet to integrate Ramps, enables users to deposit cash to receive supported digital assets such as USDC or convert crypto into local currency for collection at participating MoneyGram locations. This move follows MoneyGram's entry into the Solana ecosystem as an active validator and its commitment to blockchain infrastructure.

The company is also joining the Solana Developer Platform as an early institutional adopter alongside Mastercard, helping build and scale compliant financial products on Solana.