MoneyGram Expands Crypto Cash Services to Solana, Covering Over 170 Countries

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MoneyGram expands its crypto cash services to Solana, aligning with global crypto policy trends. The company’s MoneyGram Ramps now supports two-way cash-to-crypto conversions across 170+ countries. Cash deposits are available in 25+ countries, giving Solana wallets, exchanges, and developers access to the global network. MoneyGram previously launched a USDC-based service via Stellar and issued MGUSD, further growing its stablecoin business. This move adds to recent crypto exchange news as traditional firms deepen their integration with blockchain.

According to ChainCatcher, citing CoinDesk, cross-border payment company MoneyGram has announced the expansion of its cash-to-crypto service, MoneyGram Ramps, to Solana, enabling wallets, exchanges, and developers within the Solana ecosystem to connect to its global cash network. The service supports two-way conversions between cash and digital assets, with cash deposits available in over 25 countries and cash withdrawals accessible in more than 170 countries and regions. Previously, MoneyGram launched a USDC-based cash deposit and withdrawal service with Stellar and issued the dollar-backed stablecoin MGUSD, continuing to expand its stablecoin payment and remittance offerings.

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