MoneyGram Launches Cash‑to‑Crypto on Solana; reUSD Goes Live
TL;DR
- MoneyGram integrated its cash-to-crypto service on Solana through Ramps, offering support in more than 170 countries.
- Rift, an AI-powered trading platform, became the first Solana wallet to integrate MoneyGram’s ramp service.
- reUSD officially launched on Solana with a bridge from Ethereum via Chainlink CCIP and active markets on Kamino and Jupiter Lend.
MoneyGram integrated its on- and off-ramp service on Solana, allowing users on the network to move between digital assets and physical cash through the company’s global payments network. The company, with more than 85 years of history and nearly 500,000 physical points of sale worldwide, aims to continue strengthening its presence in the blockchain ecosystem.
The core product of the expansion is MoneyGram Ramps, an API that allows any application to connect to the company’s payments network without needing to build its own banking infrastructure or manage complex regulations. The service supports cash deposits in more than 25 countries and withdrawals in more than 170 countries and territories. In addition, the tool was integrated directly into the Solana Developer Platform payments module, which will facilitate its adoption by developers.
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