MoneyGram brings cash-to-crypto ramps to Solana

MoneyGram just plugged one of crypto’s oldest pain points, converting digital assets into physical cash, directly into the Solana blockchain. The company’s Ramps service went live on Solana on August 1, giving users of Solana-based wallets, apps, and exchanges a single API connection to MoneyGram’s sprawling global network. That network covers cash withdrawals in more than 170 countries and territories, with deposit capabilities in over 25 nations. What MoneyGram Ramps actually does The service functions as a bridge between stablecoins and physical cash. Users holding USDC on Solana can convert those tokens into local currency and pick up bills at a MoneyGram location, or go the other direction by depositing cash and receiving stablecoins in their wallet. The integration lives inside Solana’s Developer Platform payments module. That’s a deliberate design choice: developers building on Solana can now offer fiat on-ramps and off-ramps without bolting on a separate payment processor or navigating additional compliance layers. MoneyGram Ramps also supports the company’s own MGUSD stablecoin, a USD-backed token launched on the Stellar blockchain around June 2, 2026. So the product isn’t...