MoneyGram Adds Solana to Ramps, Expanding Cash Access via Rift Wallet

Key Takeaways

MoneyGram integrates Solana into its Ramps service, enabling cash-to-crypto conversions via the Rift wallet. This expansion leverages its global retail network to support developers and users across 170+ countries.

Woofun AI reports that MoneyGram has extended its Ramps service to Solana, enabling cash-to-crypto conversions via the Rift wallet. This strategic move marks Solana as the second supported blockchain for the service, following its initial operation on Stellar.

The deeper driver is the sheer scale of MoneyGram's existing infrastructure, which serves more than 60 million customers through nearly 500,000 retail locations across more than 170 countries. Per Woofun AI, the company facilitates cash deposits in more than 25 countries and withdrawals in more than 170 countries and territories, providing a vast physical touchpoint for digital asset adoption.

Structurally, the integration allows Solana developers to access this network through a single API, integrated into the Solana Developer Platform's payments module. This setup enables developers to embed MoneyGram's fiat on- and off-ramp infrastructure without building their own banking integrations, streamlining access across multiple blockchain ecosystems.

This launch follows MoneyGram's June appointment as a Solana validator, where it began staking SOL and processing transactions on the network. By joining the Solana Developer Platform, the company signals a sustained commitment to deepening its technical footprint within the ecosystem.

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