MoneyGram has extended its cryptocurrency cash-in and cash-out service to the Solana blockchain, allowing users to move between digital assets and physical currency through the payments giant's global network of retail locations.
A New On-Ramp for Solana Users
The company's Ramps service now links Solana-based wallets and applications directly to MoneyGram's worldwide cash infrastructure. The integration means people who hold assets on Solana can convert them to cash, or fund their digital wallets with physical money, at MoneyGram's international footprint of agent locations.
Rift has become the first wallet to plug into the newly expanded service, marking an early adopter of the connection between Solana and MoneyGram's cash rails. The move signals growing interest in bridging the gap between blockchain-native applications and traditional money-handling systems.
The expansion brings physical cash access to Solana users across MoneyGram's global network.
Bridging Crypto and Cash
MoneyGram's Ramps product is designed to serve people who may not have easy access to conventional banking, offering a familiar cash-based method for interacting with digital assets. By supporting Solana, the service taps into one of the more active blockchain ecosystems known for its speed and low transaction costs.
For wallet developers and applications building on Solana, the integration offers a practical way to onboard users who prefer or require cash transactions. It also reinforces MoneyGram's broader strategy of positioning itself at the intersection of legacy financial services and emerging crypto infrastructure.
Key aspects of the update include:
- Solana wallets and apps can now connect to MoneyGram's cash network
- Rift is the first wallet to integrate the expanded Ramps service
- Users gain a route to convert digital assets to and from physical cash
The addition of Solana broadens the reach of MoneyGram's crypto ambitions, giving more users worldwide the option to move value between the digital and physical worlds.