Key Highlights
- MoneyGram Ramps is now available on Solana through the Solana Developer Platform.
- Developers can add fiat-to-crypto and crypto-to-fiat functionality through a single API.
- Cash deposits are supported in more than 25 countries, while withdrawals reach over 170 countries and territories.
MoneyGram, a global peer-to-peer payment and money transfer company, has expanded its integration with Solana by launching MoneyGram Ramps, giving developers access to the company’s fiat on- and off-ramp infrastructure through a single API.
According to an official release published on Tuesday, Solana applications can connect users to MoneyGram’s cash network. Deposits are available in more than 25 countries, while withdrawals can be made across more than 170 countries and territories.
The launch adds a fiat-access layer to MoneyGram’s existing involvement with Solana, which also includes operating a network validator. The Crypto Times reached out to MoneyGram for comment on the launch and its involvement with Solana but did not receive a response at the time of publication.
MoneyGram Ramps follows earlier crypto-rail efforts
The Solana launch is not MoneyGram’s first attempt to connect cash and crypto. Earlier, the company partnered with the Stellar Development Foundation to let users convert cash into Circle’s USDC stablecoin and back through its retail network. MoneyGram has also issued its own dollar-backed stablecoin, MGUSD.
Neither of those efforts is independently confirmed to have produced significant transaction volume or user adoption; MoneyGram has not disclosed usage figures for the Stellar/USDC service or for MGUSD.
The Solana integration is best read as another entry in that pattern, with its actual impact like the earlier ones and untested by outside data at this stage.
MoneyGram brings fiat access to Solana apps
MoneyGram Ramps is built into the payments module of the Solana Developer Platform. Through the API, developers can integrate cash-to-crypto and crypto-to-cash transfers without building separate banking integrations. The service includes API credentials, sandbox access, documentation, and SDKs for developers.
The company operates across more than 200 countries and territories, with over 60 million active customers and nearly half a million retail locations, according to the company.
For Solana applications, the integration could be used for remittances, cross-border payouts, stablecoin payroll and other services that require users to move between digital assets and local currency.
MoneyGram is going deeper into Solana
The Ramps launch follows MoneyGram’s decision in June to become an active validator on Solana. That role is different from simply using the blockchain for payment applications. As a validator, MoneyGram participates in Solana’s proof-of-stake network by staking SOL and helping process and validate transactions.
MoneyGram’s Chief Product and Technology Officer Luke Tuttle previously described the role as a move into the underlying network infrastructure. He said, “Running a validator puts MoneyGram inside Solana’s consensus. We stake Solana (SOL), process transaction blocks and help secure the network at the protocol level.”
The company has also joined the Solana Developer Platform, where it is using the network’s infrastructure for payment-related development.
Ramps connect onchain transfers with cash
One practical application of the integration is connecting blockchain transfers with recipients who may not have access to a bank account. For example, a remittance application could move funds onchain while allowing a recipient to collect local currency from a participating MoneyGram location.
The same infrastructure could potentially be used for stablecoin payroll or aid payments where recipients need a cash-out option rather than a crypto wallet. Rift is currently the first Solana wallet to integrate MoneyGram Ramps, according to the Solana Foundation.
KSNet tests Solana pay and AI payments
MoneyGram’s expansion comes as other payments companies are also testing Solana-based infrastructure.
Last month, South Korean payments provider KSNet announced a partnership with the Solana Foundation in July to pilot Solana Pay for merchant settlements. The company also plans to test x402, a protocol designed to enable automated payments between AI agents and online services.
The KSNet initiative moves the discussion beyond conventional crypto payments toward machine-driven transactions, where software could make payments automatically for digital services.
For now, the MoneyGram Ramps launch provides Solana developers with another route between onchain assets and local currencies, while MoneyGram’s expanding role on the network shows how traditional payment companies are experimenting with blockchain infrastructure beyond simply offering crypto-related services.
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