LATEST: MoneyGram Ramps launched on Solana, giving wallets and developers access to cash deposits in 25+ countries and withdrawals in 170+ countries and territories.

What happened

MoneyGram launched its Ramps service on the Solana blockchain, allowing wallet users and developers to deposit cash in more than 25 countries and withdraw cash in over 170 countries and territories.

Confirmed

Global impact / market context

The launch connects traditional cash services with blockchain wallets, expanding Solana’s utility and giving MoneyGram a digital channel to reach more users, potentially increasing transaction volume and user adoption.

Analyst inference

Crypto platforms are seeking real‑world payment bridges, and Solana’s low‑cost, fast network makes it attractive for such services, while traditional money‑transfer firms aim to stay relevant in the digital‑asset space.

Analyst inference

What to watch

1. Adoption rates of MoneyGram Ramps by wallets and developers, indicating how quickly the service gains traction. Analyst inference
2. Regulatory developments in the 25+ deposit countries, which could affect the ability to accept cash deposits on a blockchain. Analyst inference
3. Solana network performance and fee levels, as higher costs or congestion could deter users from using the Ramps service. Analyst inference

Affected assets

• SOL — Solana

Evidence

• x.com