MoneyGram Expands Ramps to Solana in Multichain Payments Push
MoneyGram has expanded its cash-to-crypto and crypto-to-cash infrastructure to Solana, giving wallets, exchanges and developers direct access to its global cash network through a single API as the payments company moves from a largely Stellar-centered stablecoin strategy toward a broader multichain model.
Summary:
- MoneyGram Ramps is now available to Solana wallets, exchanges and developers.
- Cash deposits are supported in more than 25 countries and withdrawals in over 170.
- The launch extends MoneyGram beyond its long-running Stellar-based USDC infrastructure.
- Solana is becoming a second major blockchain layer in MoneyGram’s digital payments strategy.
Solana gives MoneyGram a second major blockchain distribution channel
MoneyGram Ramps now allows Solana-based applications to connect users to cash deposits in more than 25 countries and cash withdrawals in over 170 countries and territories. The service is integrated into the Solana Developer Platform, where developers can access credentials, sandbox tools, documentation and SDKs without building their own banking integrations.
That matters because the product is not simply another crypto trading feature. Ramps sits at the point where onchain value meets physical cash, an area that remains difficult for wallets and exchanges to build globally because it requires local payment infrastructure, compliance systems and access to regulated payout networks.
MoneyGram already operates a network serving more than 60 million active customers and nearly 500,000 retail locations, while its wider payments footprint reaches more than 200 countries and territories. Solana developers can now tap part of that infrastructure without negotiating separate banking or cash-distribution arrangements in each market.
Why the expansion matters beyond Solana itself
MoneyGram’s earlier blockchain strategy was built primarily around Stellar. Its existing Ramps infrastructure enables third-party wallets and exchanges to deposit and withdraw USDC on Stellar, while the partnership between MoneyGram and the Stellar Development Foundation dates back to 2021.
That relationship has not disappeared. MoneyGram and Stellar extended their partnership in April, while MoneyGram launched MGUSD on Stellar in June as a dollar-backed stablecoin designed for its own global payments network.
The Solana rollout changes the architecture rather than replacing the earlier model.
Instead of treating one blockchain as the exclusive settlement environment for crypto-to-cash access, MoneyGram is positioning Ramps as infrastructure that can sit across multiple ecosystems. That gives the company more distribution while reducing dependence on the growth of any single network.
The distinction is important for developers. A Solana wallet no longer needs to route users through Stellar infrastructure simply to access MoneyGram’s cash network. It can integrate directly into the chain where its users already hold assets.
How MoneyGram turns crypto liquidity into usable cash
The technical value of Ramps lies in separating the blockchain transaction from the local payout problem.
A wallet or exchange handles the user-facing digital asset flow. MoneyGram manages identity checks, compliance, stablecoin settlement and the connection to physical or local-currency payout infrastructure. Its official Ramps service describes this as real-time stablecoin settlement combined with fiat payout and integrated identity and compliance checks.
READ MORE: Solana Testnet Upgrade Cuts Slot Times Ahead of Mainnet Rollout
That structure allows several use cases beyond retail crypto trading:
- Cross-border remittances where the recipient receives local cash without needing a bank account.
- Stablecoin payroll for freelancers or distributed workers who need local-currency access.
- Aid distribution in markets where banking penetration is weak.
- Wallets and exchanges seeking physical cash access without building their own agent networks.
- Rift is the first Solana wallet announced as integrating the service.
MoneyGram is moving deeper into Solana infrastructure
The Ramps launch follows an earlier step in June, when MoneyGram became an active validator on Solana and joined the Solana Developer Platform. The company is therefore participating in the ecosystem both as a payments provider and as part of the underlying network infrastructure.
That creates a broader strategy than simply listing another blockchain in an app.
MoneyGram’s blockchain footprint now includes Stellar-based USDC ramps, its MGUSD stablecoin, validator activity on Solana and multichain access through the Ramps API. The common thread is distribution. Rather than competing primarily with crypto exchanges for trading volume, MoneyGram is trying to become infrastructure that wallets, fintechs and exchanges use when users need to move between digital assets and real-world money.
The next test is whether developers use the cash network at scale
The most relevant measure of the Solana rollout will not be wallet integrations alone. MoneyGram needs usage that moves through the last mile, where digital assets are actually converted into or out of local cash.
Its Stellar partnership offers some precedent. Stellar said MoneyGram Ramps had processed about $30 million in transactions by June 2025, showing that the model had moved beyond a technical pilot before the Solana expansion.
Solana gives MoneyGram access to a different developer and payments ecosystem, while its single-API approach lowers the integration burden. The next concrete signals to watch are additional wallet and exchange integrations, expansion of deposit coverage beyond the current 25-plus countries, and whether MGUSD eventually becomes part of MoneyGram’s multichain distribution rather than remaining centered on Stellar.
The information presented in this article is intended for informational purposes only and should not be interpreted as financial, investment, or trading advice. Coinspress.com does not promote or advocate for any particular investment strategy, asset, or cryptocurrency project. Cryptocurrency markets are highly volatile and unpredictable – always perform your own research and seek guidance from a qualified financial professional before making any investment decisions.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
