MoneyGram Ramps Goes Live on Solana, Ending Stellar Exclusivity
Summary
- MoneyGram Ramps expanded from a Stellar-only service into a multichain product by going live on Solana.
- Solana wallets can now reach MoneyGram’s cash network directly, without routing through a third-party bridge.
- Rift became the first Solana wallet to integrate the service.
- MoneyGram already operates as an active validator on the Solana network.
MoneyGram switched on its Ramps service for Solana on August 11, giving wallets, exchanges and developers on the network a single API for moving between physical cash and digital assets. The product previously ran only on Stellar, so the Solana rollout makes it the second blockchain supporting the service. Rift, a self-custody trading app, became the first Solana wallet to plug into the integration. The launch matters because it removes a step that Solana-based apps had to work around before: reaching MoneyGram’s retail network meant bridging assets in from another chain rather than transacting directly.
From One Chain to Two: What Actually Changed
Ramps on Stellar only handled USDC conversions through the SEP-24 protocol, which meant a Solana wallet had no native path into the service. A developer building on Solana who wanted to offer cash-out functionality had to send funds through a bridge first, absorb the extra step and the delay that comes with it, then complete the conversion on Stellar’s side. That workaround disappears with the native integration.
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