MoneyGram brings Solana cash ramps to 170+ markets

MoneyGram expanded its blockchain payments strategy on Aug. 11 by launching MoneyGram Ramps on Solana, giving wallets, exchanges and developers access to its cash network through one API. Summary MoneyGram Ramps now gives Solana applications cash withdrawals across more than 170 countries and territories. Cash deposits are available in over 25 countries through one developer API without banking integrations. Rift became the first Solana wallet to integrate MoneyGram Ramps for crypto and local currency. MoneyGram already operates a Solana validator after joining the network and developer platform in June. U.S. Ramps access excludes Alaska, Louisiana, Hawaii and New York, according to MoneyGram’s product page. The company’s release says the integration supports cash deposits in more than 25 countries and cash withdrawals in more than 170 countries and territories. Rift is the first Solana wallet to integrate the service. The launch builds on MoneyGram’s June entry into Solana as a validator and participant in the Solana Developer Platform, extending the relationship from network infrastructure into customer facing payment access. MoneyGram Ramps gives Solana cash access in 170+ marke...