MoneyGram expands on Solana with global crypto-to-cash service
Wallets and apps on Solana can now tap MoneyGram’s global network to move between digital assets and local currencies.
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Summary
- MoneyGram is extending its cash-to-crypto service, MoneyGram Ramps, to the Solana blockchain, allowing wallets, exchanges and developers on Solana to connect to its global cash network.
- The service lets users convert between cash and digital assets, supporting cash deposits in more than 25 countries and withdrawals in more than 170 countries and territories.
- The move deepens MoneyGram’s push into stablecoin-based payments and remittances, building on its earlier USDC cash-on/off-ramp with Stellar and the launch of its own dollar-backed stablecoin, MGUSD.
