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MoneyGram Launches Crypto-to-Cash Service on Solana

Published 11 August 2026

MoneyGram has expanded its MoneyGram Ramps service to the Solana blockchain, enabling digital wallets, exchanges, and developers on the network to connect directly to its global cash infrastructure for converting between digital assets and local currencies. The company announced the integration on August 11, 2026, stating that the service is now live and available to partners building on Solana.

The Ramps service allows users to deposit cash to receive supported digital assets, such as USDC or MoneyGram's own MGUSD stablecoin, or to convert crypto holdings into local currency for pickup at a MoneyGram location. According to the company, the service supports cash deposits in more than 25 countries and withdrawals across more than 170 countries and territories. This integration is designed to remove the need for crypto platforms to build separate connections to banks and cash outlets, providing a single API solution for fiat on-ramps and off-ramps.

The expansion is part of MoneyGram's broader strategy to link its traditional money transfer network with blockchain technology. The company views these digital rails as a means to make cross-border transfers faster, cheaper, and easier...

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