MoneyGram Ramps launches on Solana

MoneyGram Ramps has launched on Solana, providing developers with direct access to MoneyGram’s global fiat on- and off-ramp infrastructure through a single API. The integration embeds MoneyGram’s services into Solana’s Developer Platform payments module, allowing Solana applications, wallets, and exchanges to facilitate cash deposits in over 25 countries and withdrawals in more than 170 countries and territories. This eliminates the need for developers to build separate banking infrastructure or navigate regulatory requirements independently.

The API is designed to streamline cash-to-crypto and crypto-to-cash transactions, connecting Solana applications to MoneyGram’s physical and digital network. MoneyGram operates one of the largest global payments networks, with over 60 million active customers, nearly half a million retail locations, and a presence in more than 200 countries and territories. Solana’s infrastructure, according to the Solana Foundation, supports a faster, more open financial system, and the integration aims to enhance real-world utility for developers building at global scale.

The integration expands the capabilities of Solana-based financial applications by linking onchain payment flows with local currency access. MoneyGram Ramps is now available alongside other Solana Developer Platform API modules, including issuance, payments, and wallet management. The goal is to reduce the time from development to deployment and remove operational barriers that typically slow institutions and developers, enabling faster innovation in financial services.

Rift is the first wallet on Solana to integrate MoneyGram Ramps, allowing users to move between crypto and local currency through MoneyGram’s global network. MoneyGram’s CEO, Anthony Soohoo, emphasized the importance of expanding access, stating that every platform and customer connected strengthens the network. The partnership underscores MoneyGram’s growing role as an infrastructure partner on Solana, alongside its activities as an active validator and ramps provider within the Solana Developer Platform.