MoneyGram Ramps launches on Solana, bringing direct USDC cash-in and cash-out access across 170+ countries and territories.
Author: Akshay
13th August 2026 –MoneyGram brought its cash-to-crypto rails to Solana on August 11, 2026. One API now lets apps convert USDC to physical cash and back. The company announced the MoneyGram Ramps Solana launch alongside the Solana Foundation. Trading app Rift signed on as the first integrator.
High Signal Summary For A Quick Glance
ChimpX
@ChimpxAI
@MoneyGram @solana @riftapp welcome to Solana
MoneyGram Ramps is now live on @Solana. Tap into MoneyGram’s on/off-ramp infrastructure to help your users cash in across 25+ countries and cash out across 170+ countries and territories. @riftapp is the first to integrate MoneyGram Ramps. Start building: https://t.co/p6os40x7nm
07:04 AM·Aug 12, 2026
Adel Bucetta
@adelbucetta
@MoneyGram @solana @riftapp moneygram ramps is exactly what solana needed, but it's not just about on/off-ramps, it's about making cross-border transactions seamless for users across the globe that's the real unlock here
MoneyGram Ramps is now live on @Solana. Tap into MoneyGram’s on/off-ramp infrastructure to help your users cash in across 25+ countries and cash out across 170+ countries and territories. @riftapp is the first to integrate MoneyGram Ramps. Start building: https://t.co/p6os40x7nm
05:45 AM·Aug 12, 2026
High attention and emotional sentiment detected.
According to MoneyGram’s announcement, developers can now embed cash-in and cash-out flows without building banking ties or handling compliance. So the launch pushes a 500,000-location retail network directly onto a high-throughput chain.
MoneyGram Ramps is a developer API for compliant on-ramps and off-ramps. In practice, it links apps, wallets, and exchanges to MoneyGram’s physical agent network.
The service covers 25+ countries for cash-in and 170+ countries and territories for cash-out. Those figures come from MoneyGram and match the earlier numbers it published for Stellar.
The wider network is large. MoneyGram cites roughly 60 million active customers, nearly 500,000 retail locations, and a presence across 200+ countries and territories.
Developers get instant API credentials, a sandbox, docs, and SDKs. Because MoneyGram handles KYC, identity checks, settlement, and fiat payout, builders skip the hardest regulatory work. Domain allowlisting is still required before an app goes live.
MoneyGram on Stellar compared with MoneyGram Ramps on Solana
The integration runs through one API and a widget, delivered as an iframe or webview. On Solana, settlement uses standard USDC (SPL) transfers, so no custom smart contract sits in the middle.
For a cash-out, the user starts in the app, and the MoneyGram widget handles country, amount, KYC, and the quote. Then the app signs a USDC transfer to a MoneyGram address. The user collects local cash at an agent using a reference number.
The on-ramp simply reverses that path. A user deposits cash at a participating agent, and USDC lands in their Solana wallet after MoneyGram clears the payment.
USDC settles as ordinary transfers of the Circle stablecoin, whose Solana mint is EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v. As a result, Ramps activity blends into normal onchain volume rather than showing up as a separate contract.
Rift is the first app to plug in. The AI-powered self-custody trading app covers equities, commodities, crypto, forex, and perpetuals, with lending through Kamino.
Now Rift users can move between USDC and local cash at MoneyGram locations without leaving the app. According to the announcement, Rift is backed by Sequoia, a16z, Lightspeed, and other investors.
For everyday users, that means a self-custody wallet can reach a corner cash agent. So the crypto-to-cash step no longer depends on a centralized exchange withdrawal.
Timeline: MoneyGram’s progression from Stellar-based stablecoin payments and cash-to-crypto rails to a multi-chain infrastructure strategy, culminating in the August 2026 Solana Ramps launch while maintaining its existing Stellar network.
MoneyGram and the Stellar Development Foundation announce a commercial partnership to enable blockchain-powered remittances and cash-to-crypto and crypto-to-cash transactions. The initial infrastructure uses USDC on Stellar, establishing the foundation for MoneyGram’s stablecoin on/off-ramp strategy.
MoneyGram Access, later evolved into MoneyGram Ramps, begins operating across initial markets including the U.S., Canada, Kenya, and the Philippines. Users can convert between cash through MoneyGram’s retail network and USDC on Stellar, with the service gradually expanding its geographic footprint.
MoneyGram announces plans to launch a non-custodial digital wallet built on Stellar with Cheesecake Labs. The planned wallet is designed to support USDC, connect directly to MoneyGram’s existing fiat on/off-ramps, and allow users to manage digital dollars without giving custody of their assets to MoneyGram.
The MoneyGram app introduces its non-custodial wallet and stablecoin balance functionality on Stellar. Users can hold digital dollars in self-custody while using MoneyGram’s physical network for cash-in and cash-out, further connecting the company’s traditional payments infrastructure with blockchain rails.
MoneyGram releases its Ramps developer API, initially focused on Stellar and USDC. The company also adds integrations such as Plaid’s pay-by-bank functionality and expands its cash-out network to more than 170 countries, turning its physical distribution network into programmable infrastructure for wallets and applications.
MoneyGram and the Stellar Development Foundation announce a multi-year partnership extension focused on expanding stablecoin utility, particularly across Latin America. The companies highlight existing availability in Colombia and plans to expand the stablecoin balance service into El Salvador and additional markets.
MoneyGram launches MGUSD, its own U.S. dollar-backed stablecoin, natively on Stellar. The token is issued through infrastructure involving Bridge/Stripe, M0, and Fireblocks. Rather than replacing Stellar, the launch deepens MoneyGram’s existing relationship with the network and its stablecoin infrastructure.
MoneyGram becomes an active Solana validator and joins the Solana Developer Platform. The move places MoneyGram alongside major payments and financial companies participating in the ecosystem and prepares the company’s Ramps infrastructure for deployment on Solana.
MoneyGram Ramps goes live natively on Solana, adding USDC settlement and a single API to the Solana payments ecosystem. The service is integrated into the Solana Developer Platform’s payments module, while Rift becomes the first wallet integration. Stellar support remains active, making the launch an expansion into a multi-chain model rather than an exit from Stellar.
Going forward, MoneyGram is positioned to connect its cash network to additional blockchain ecosystems, allowing wallets and applications to access local cash-in and cash-out services without requiring users to bridge assets between chains. The company’s strategy remains centered on stablecoin utility, interoperability, and expanding the reach of its global payments network.
Previously, Solana users had to bridge USDC to Stellar to reach MoneyGram’s cash network. This launch removes that detour and settles natively on Solana instead.
Still, MoneyGram is adding Solana rather than leaving Stellar. Stellar continues to host MGUSD, the company’s own dollar stablecoin, which launched on June 2, 2026.
MoneyGram points to Solana’s throughput, low fees, and deep stablecoin liquidity as the draw. For context, contemporaneous coverage put Solana’s stablecoin supply near $15.73 billion.
The chain also fits a longer pattern. MoneyGram became a Solana validator and joined the Solana Developer Platform on June 22, 2026. So the Ramps rollout builds on rails it already had.
“The future of payments is built on access. Every platform we connect expands the reach of our network. Bringing MoneyGram Ramps to Solana is another step toward building a truly open, global payments network.” Anthony Soohoo, Chairman and CEO, MoneyGram.
Solana Foundation President Lily Liu framed the tie-up around real-world utility. She said connecting the ecosystem to MoneyGram’s network lets developers build financial apps with global-scale, real-world use.
The price response was quiet. SOL traded in a rough $74 to $77 range around August 11, 2026. No sharp move tracked the news.
No clear surge in USDC-on-Solana flows was reported at launch either. Because settlement looks like ordinary USDC transfers, any early volume simply mixes into general onchain activity.
Some coverage flagged a practical gap. The cash-in footprint of 25+ countries is far narrower than the 170+ cash-out markets, so on-ramping remains limited by comparison.
Builder sentiment ran ahead of traders. On X, Solana-aligned accounts framed the launch as real adoption, pointing to the physical network moat and single-API access.
Several details remain open. MoneyGram has not disclosed end-user or developer fee schedules, the full list of cash-in countries, or precise KYC thresholds.
It is also unclear whether MGUSD will run natively on Solana or how much volume the new rails will draw. The company has not published its Solana validator identity or stake size either.
For now, the story is distribution, not price. A remittance giant with a global cash footprint just made Solana wallets a step closer to everyday money. The coming weeks should show whether developers beyond Rift follow. This article is informational and not financial advice.
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
