MoneyGram Launches Cash-to-Crypto Services on Solana Network in 170 Countries

Key Facts

In a move reflecting the accelerating adoption of digital assets within traditional remittance sectors, MoneyGram has integrated its cash-to-crypto service onto the Solana blockchain. According to reports, this service enables users in over 170 countries to access digital assets via the Ramps platform, bridging traditional fiat liquidity with the Solana ecosystem. This expansion aims to simplify the transition between physical cash and crypto assets leveraging MoneyGram's global retail footprint.

The Solana ecosystem is expanding through strategic technical partnerships, with the Rift platform becoming the first Solana-native wallet to integrate MoneyGram's direct ramp service. Additionally, the reUSD stablecoin has officially launched on Solana, utilizing a bridge from Ethereum powered by Chainlink CCIP technology. These developments are designed to enhance DeFi utility and stablecoin accessibility by combining Solana's high-speed network with MoneyGram's physical infrastructure.

Based on market data as of August 11, 2026, specific price levels for the related instruments are currently unavailable in the database. Traders are monitoring the continued expansion of crypto services as a catalyst for network activity. Looking ahead, the market awaits the release of U.S. Initial Jobless Claims, which may influence broader risk sentiment across both digital and traditional asset classes.