In Brief:
- Aug. 11 marked the arrival of MoneyGram Ramps on Solana, closing the chapter on the product’s Stellar-only phase and placing almost 500,000 retail cash counters behind one API.
- The first Solana wallet to plug in is Rift, a self-custody trading app. Depositing cash is available across more than 25 countries, while cash pickups span over 170.
- Reaching MoneyGram’s retail footprint used to require Solana wallets to bridge USDC over to Stellar via third parties. That detour no longer exists.
With MoneyGram Ramps now running on Solana, wallets, exchanges and apps can connect USDC directly to the company’s physical cash network using a single API integration.
The Dallas-based firm unveiled the launch on Aug. 11. Customers are able to walk cash into a MoneyGram agent location in over 25 countries and have stablecoins land in a wallet, or push stablecoins out and pick up 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 ↗
By MoneyGram’s count, the business serves upwards of 60 million active customers, operates close to 500,000 retail locations and maintains a digital footprint spanning more than 200 countries and territories. Its developer documentation lists USDC as the stablecoin supported on Stellar as well as Solana.
“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
Until now, Ramps handled on- and off-ramps exclusively for USDC on Stellar, built on the SEP-24 protocol. Any Solana wallet hoping to send a user to a MoneyGram counter first had to move USDC across to Stellar using outside providers like Allbridge Core or Bridge.xyz.
Native support strips out that extra hop on a network that currently holds somewhere around $15.73 billion in stablecoins, according to DefiLlama. KYC is still handled through the SEP-24 standard by integrated wallets, which keeps the experience uniform from provider to provider.
Ramps lives within the payments module of the Solana Developer Platform, the Foundation’s API layer aimed at institutions building payments and stablecoin products. Builders receive API credentials, sandbox access, SDKs and documentation, with no need to assemble their own banking or licensing infrastructure.
Ramps originally shipped from MoneyGram in May 2025. That launch compressed sandbox provisioning from a 12-to-15-day wait down to five minutes.
Rift goes first
So far the only announced Solana wallet integration is Rift, a mobile self-custody app covering equities, commodities, crypto, forex and perpetual futures. Kamino Finance powers its lending, and its investor list features a16z, Sequoia Capital, Lightspeed Venture Partners and Pantera Capital.
Through MoneyGram’s network, Rift users are able to turn USDC into local currency. Identity verification, compliance and stablecoin settlement are all automated on the developer’s behalf by the integration.
Remittances, cross-border payouts, gig-worker payroll and aid distribution are the use cases MoneyGram and the Foundation highlighted for the API. Cash can be picked up locally by recipients who have no bank account.
Around 1.4 billion adults in low- and middle-income economies were counted as unbanked in World Bank Global Findex data — people with no card or bank transfer available to fund a wallet.
“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
Parity between the two directions is missing. More than 170 countries and territories are covered for cash-out. Cash-in operates in a little over 25.
Domestically, Alaska, Hawaii, Louisiana and New York fall outside Ramps access.
How MoneyGram got here
A Solana validator has been running under the company since June 22, and it signed on to the Solana Developer Platform, which debuted in March. Also on the platform are Mastercard, Worldpay and Western Union — none of which contribute a retail cash distribution layer.
Stellar remains home to MoneyGram’s own stablecoin efforts. MGUSD, the dollar-backed token issued for it by Stripe subsidiary Bridge, went live there on June 2, and an extension of its partnership with the Stellar Development Foundation followed on April 22. Only the ramp layer is affected by the Solana rollout.
“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.”
Roughly $30 million in transactions had moved through Ramps as of June 2025, per Stellar.