MoneyGram joins Solana as validator, expands blockchain

Global payments company MoneyGram has become a validator on the Solana blockchain, marking its third major investment in blockchain network infrastructure. The announcement, made on Monday, June 22, 2026, signifies a deepening commitment by the traditional remittance giant to participate directly in the security and governance of the digital asset networks it utilizes.

By operating a validator node, MoneyGram will stake SOL tokens to help process transactions and secure the Solana network. The company has also joined the Solana Developer Platform, gaining access to tools for building financial products on the blockchain alongside other institutions. CEO Anthony Soohoo stated that as blockchain infrastructure becomes increasingly vital to global payments, institutions that rely on these networks should also contribute to their security and long-term development.

This move expands MoneyGram's established blockchain payments strategy. The company already operates validators on the Tempo and Midnight networks. Its digital asset business includes the Stellar-based stablecoin MGUSD, launched in 2023, and services allowing for stablecoin transfers and cryptocurrency cash-outs at...