MoneyGram Ramps Up to Solana for Global Cash In and Out
MoneyGram announced that its Ramps service has launched on Solana, providing a single API for wallets and developers to access global fiat cash in and out infrastructure.
The service supports cash deposits in over 25 countries and cash withdrawals in more than 170 countries and regions, without requiring developers to integrate with banking systems themselves.
Rift has become the first wallet to integrate this service on Solana, allowing users to seamlessly convert between crypto assets and local currencies through the MoneyGram network.
MoneyGram operates one of the largest payment networks globally, with over 60 million active customers and nearly 500,000 retail locations, covering more than 200 countries and regions; it previously launched a similar service on Stellar and introduced the MGUSD stablecoin.
Ramps is embedded in the Solana developer platform's payment module, providing instant API credentials, sandbox access, documentation, and SDK, aiming to lower the operational threshold for institutions and developers.
From a market mechanism perspective, this collaboration injects real-world cash liquidity into the Solana ecosystem, reducing friction for stablecoin adoption, directing funds to wallets and applications that support cash in and out, benefiting high-traffic Solana dApps and cross-border payment scenarios, while traditional banks face pressure from high compliance costs; the event-driven nature is expected to enhance stablecoin trading and on-chain activity.
Source: Public Information
ABAB AI Insight
Since 2021, MoneyGram has partnered with Stellar to launch stablecoin cash in and out services, introduced the Ramps API in 2025 to shorten integration time, and further expanded to Solana in 2026 while serving as a validator, shifting from a single public chain pilot to a multi-chain open network, while issuing its own MGUSD to solidify the payment loop.
In terms of capital pathways, the API transforms the existing 500,000 locations into on-chain liquidity entry points, directing funds and transaction volumes from traditional remittances to stablecoins and the Solana ecosystem, motivated by capturing the growth of crypto users and reducing cross-border costs, while allowing developers to avoid building their own compliance and settlement layers.
Similar cases can be seen with Stripe and Circle's expansion in stablecoin payments, as well as traditional remittance giants like Western Union experimenting with blockchain; currently, cross-border payments are transitioning from a bank-led model to a hybrid model of stablecoins and physical locations.
Structural judgment indicates a reconstruction of the industry chain: traditional payment giants are opening their physical networks to public chains, with the mechanism being to connect the last mile of cash with on-chain assets through a single API, thereby extending Solana from pure on-chain finance to real-world remittances and local settlements.
ABAB News · Cognitive Law
Cash outlets = last mile of on-chain assets
Single API eliminates redundant compliance construction
Multi-chain expansion relies on network effects rather than monopolization