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[SITUATION] · [QUIET] · [TECHNOLOGY]
2 clusters · 11 sources · 3 days · First seen · Last updated
MoneyGram Ramps integration on Solana blockchain
Overview
MoneyGram has launched its Ramps service on the Solana blockchain, expanding its multi-chain capabilities beyond its previous integration with the Stellar network. The service provides a bridge between digital assets, primarily USDC stablecoins, and physical cash through a single API integration within the Solana Developer Platform.
This integration allows developers, exchanges, and wallets to offer fiat on-and-off-ramp services without requiring independent banking or compliance infrastructure. The service utilizes MoneyGram’s network of nearly 500,000 retail locations, supporting cash deposits in more than 25 countries and cash withdrawals in over 170 countries and territories.
Rift has been identified as the first Solana-based wallet to integrate the service. Additionally, MoneyGram has deepened its involvement in the Solana ecosystem by acting as an active network validator.
Entities
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] MoneyGram has nearly 500,000 retail outlets.
- [● 3 SOURCES] MoneyGram Ramps has launched on the Solana blockchain via a single API.
- [● 3 SOURCES] The service allows cash deposits and withdrawals in over 25 countries and more than 170 countries and territories.
- [● 3 SOURCES] Rift is the first Solana wallet to integrate MoneyGram Ramps.
- [● 2 SOURCES] MoneyGram's payment system is available in over 200 countries and territories.
- [○ 1 SOURCE] MoneyGram is an active validator on the Solana network.
Timeline
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29 days ago
[TECHNOLOGY] 3 sourcesMoneyGram Ramps launches on Solana to enable cash-to-crypto servicesMoneyGram Ramps has launched on Solana, providing a single API for developers to connect digital assets with physical cash across over 170 countries and territories.
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about 1 month ago
[TECHNOLOGY] 9 sourcesMoneyGram launches Ramps service on Solana blockchainMoneyGram has launched its Ramps service on Solana, enabling developers to integrate cash-to-crypto and crypto-to-cash conversions via a single API across its global network.
Sources
bitcoinethereumnews.com · btc-echo.de · coin-turk.com · cointelegraph.com · cointrust.com · crypto-insiders.nl · crypto-news-flash.com · cryptobriefing.com · cryptoninjas.net · motorsiden.dk · spacemoney.com.br