In Brief:
- MoneyGram Ramps went live on Solana on Aug. 11, ending the product’s run as a Stellar-only offering and putting nearly 500,000 retail cash counters behind a single API.
- Rift, a self-custody trading app, is the first Solana wallet to integrate. Cash deposits work in more than 25 countries, cash pickups in more than 170.
- Solana wallets previously had to bridge USDC to Stellar to reach MoneyGram’s retail network through third parties. That step is gone.
MoneyGram Ramps is live on Solana, giving wallets, exchanges and apps a direct route between USDC and the company’s physical cash network through one API integration.
MoneyGram announced the launch Aug. 11 from Dallas. Users can hand cash to a MoneyGram agent in more than 25 countries and receive stablecoins in a wallet, or send stablecoins and collect local currency in more than 170 countries and territories.
Amira on MoneyGram Ramps going live on Solana:
"MoneyGram has 500,000 locations all over the world, one of the biggest networks for people moving money across borders"
"They've opened up that infrastructure for people building on Solana"
"If you're building a wallet or an@SolanaView on X ↗
The company counts more than 60 million active customers, nearly 500,000 retail locations and a digital presence across more than 200 countries and territories. USDC is the supported stablecoin on both Stellar and Solana, according to MoneyGram’s developer docs.
“MoneyGram has 500,000 locations all over the world, one of the biggest networks for people moving money across borders,” said Amira Valliani, head of payments growth at the Solana Foundation. “They’ve opened up that infrastructure for people building on Solana.”
What changes for builders
Ramps supported on- and off-ramps only for USDC on Stellar, using the SEP-24 protocol. A Solana wallet that wanted to drop a user at a MoneyGram counter had to bridge USDC to Stellar first, through third-party providers such as Allbridge Core or Bridge.xyz.
Going native removes that hop on a chain holding roughly $15.73 billion in stablecoins, per DefiLlama. Integrated wallets still use the SEP-24 standard to handle KYC, which keeps the flow consistent across providers.
Ramps sits inside the payments module of the Solana Developer Platform, the Foundation’s API layer for institutions building payments and stablecoin products. Developers get API credentials, sandbox access, SDKs and documentation without standing up their own banking or licensing stack.
MoneyGram first shipped Ramps in May 2025. That release cut sandbox provisioning from 12 to 15 days down to five minutes.
Rift goes first
Rift, a mobile self-custody app that offers equities, commodities, crypto, forex and perpetual futures, is the only Solana wallet integration announced so far. Its lending routes through Kamino Finance, and its backers include a16z, Sequoia Capital, Lightspeed Venture Partners and Pantera Capital.
Rift users can convert USDC into local currency through MoneyGram’s network. The integration automates identity checks, compliance and stablecoin settlement on the developer’s behalf.
MoneyGram and the Foundation pitched the API at remittances, cross-border payouts, payroll for gig workers and aid distribution. Recipients can collect cash locally without a bank account.
World Bank Global Findex data counted roughly 1.4 billion unbanked adults in low- and middle-income economies, users who can’t fund a wallet with a card or a bank transfer.
“The future of payments is built on access. Every platform we connect expands the reach of our network. Every customer we serve makes that network more valuable. Bringing MoneyGram Ramps to Solana is another step toward building a truly open, global payments network,” said Anthony Soohoo, chairman and CEO of MoneyGram.
Coverage is lopsided
The two directions aren’t matched. Cash-out reaches more than 170 countries and territories. Cash-in runs in just over 25.
In the U.S., Ramps access excludes Alaska, Hawaii, Louisiana and New York.
How MoneyGram got here
The company started running a Solana validator on June 22 and joined the Solana Developer Platform, which launched in March. Mastercard, Worldpay and Western Union are on the platform too, though none of them bring a retail cash distribution layer.
MoneyGram’s own stablecoin work stays on Stellar. MGUSD, its dollar-backed token issued by Stripe subsidiary Bridge, launched there June 2, and the company extended its Stellar Development Foundation partnership on April 22. The Solana launch applies to the ramp layer only.
“Solana is infrastructure for the more than six billion people on the internet, powering a faster, more open, global financial system,” said Lily Liu, president of the Solana Foundation. “By connecting our ecosystem to MoneyGram’s global payments network through MoneyGram Ramps, developers are able to more easily build financial applications with real-world utility at global scale.”
Stellar said Ramps had processed about $30 million in transactions by June 2025.
