MoneyGram Opens 500,000 Cash Locations to Solana Users

TLDR

• MoneyGram is expanding its Solana integration to connect digital wallets with its global cash network.
• Users can convert supported stablecoins into physical cash at nearly 500,000 MoneyGram retail locations.
• MoneyGram plans to let developers use its payment infrastructure for cash-in and cash-out services.
• MoneyGram Ramps recently launched on Solana, with Rift becoming the first Solana wallet to integrate the service.
• The company has also expanded its blockchain strategy through MGUSD and earlier partnerships with Stellar.

MoneyGram is expanding its digital payments strategy through Solana as it links crypto wallets with its global cash network. The remittance company says the service gives users a simple way to move between stablecoins and physical cash. The move expands Solana’s role in stablecoin payments.

MoneyGram and Solana Expand Cash Access

MoneyGram CEO Anthony Soohoo said the company wants to connect digital finance with everyday payment needs. Users can access cash services through about 500,000 retail locations across its international network.

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