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MoneyGram extends its crypto cash network to Solana @MoneyGram Ramps went live on @solana today, opening the cash network to wallets and developers on the chain. The API covers deposits in over 25 countries and withdrawals in over 170. Rift (@riftapp) is the first Solana wallet

MoneyGram launched its crypto cash network on the Solana blockchain, enabling deposits from more than 25 countries and withdrawals in over 170 countries through the Rift wallet.

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What happened

MoneyGram launched its crypto cash network on the Solana blockchain, enabling deposits from more than 25 countries and withdrawals in over 170 countries through the Rift wallet.

Confirmed

Global impact / market context

The integration gives MoneyGram a fast, low‑cost way to move fiat across borders, potentially expanding its user base and making crypto‑linked cash services more accessible to everyday users.

Analyst inference

Solana’s high‑throughput, low‑fee environment is attracting traditional finance firms, and MoneyGram’s move signals growing acceptance of blockchain for mainstream money‑transfer services.

Analyst inference

What to watch

  1. Adoption rates of the MoneyGram API by other Solana wallets and developers, which will show how quickly the service scales. Analyst inference
  2. Regulatory responses in the 25 deposit and 170 withdrawal jurisdictions, as rules could affect the network’s reach. Analyst inference
  3. Changes in transaction volume and fees on Solana, indicating whether the network can handle increased demand without congestion. Analyst inference

Affected assets

  • SOL — Solana

Evidence