Bullish
MoneyGram Ramps Extends SOL Support to 170 Regions
20:07
MoneyGram adds SOL to its cash-crypto service, enabling two-way conversions across 170+ regions and 25 deposit countries for ecosystem participants.
Woofun AI reports that MoneyGram is expanding its MoneyGram Ramps service to include Solana (SOL), granting wallets, exchanges, and developers access to its global cash network. The platform facilitates two-way cash-to-crypto conversions, with cash deposits supported in over 25 countries and withdrawals available in more than 170 countries and regions. Previously, the company partnered with Stellar for USDC-based services and launched the stablecoin MGUSD to enhance remittance capabilities.
WOOFUN AI
Impact Assessment · Quick Read
Integrating Solana into MoneyGram's fiat on-ramp infrastructure bridges a critical gap for SOL users seeking traditional banking connectivity. This expansion may increase liquidity inflows into the Solana ecosystem by lowering barriers for retail adoption. Coupled with existing USDC and MGUSD services, it signals a broader strategy to embed crypto assets within mainstream cross-border payment rails.
Generated by WOOFUN AI · For reference only, not investment advice
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