MoneyGram Ramps Expands to Solana, Brings Global Cash Network
MoneyGram has expanded its cash-to-crypto and crypto-to-cash API, MoneyGram Ramps, to Solana. This allows developers to connect their applications directly to MoneyGram's retail cash network without bridging USDC to Stellar first.
Rift is the first Solana wallet to integrate with MoneyGram Ramps, which supports cash deposits in over 25 countries and withdrawals in more than 170 countries and territories.
MoneyGram has been building its presence on Solana, having become a validator in June and joining the Solana Developer Platform. The company's chairman and CEO, Anthony Soohoo, said that expanding access to payments is key to the future of finance.