MoneyGram's cash network plugs into Solana's developer platform
Solana and MoneyGram say the remittance firm's cash on- and off-ramp API is now live for Solana developers, offering cash-in across 25-plus countries and cash-out in more than 170.
MoneyGram Ramps, an API that lets applications move users between crypto and physical cash, is live on Solana, according to an announcement posted to Solana's own newsroom on Aug. 1, 2026. It is the only account of the launch so far, and both parties to it are interested parties.
The mechanics, per that announcement: Ramps sits inside the Solana Developer Platform's payments module and exposes MoneyGram's fiat network through a single integration. Cash deposits are supported in "over 25 countries." Withdrawals — the cash-out leg — reach "over 170 countries and territories." Solana says builders get instant API credentials, sandbox access, SDKs and documentation, and that no separate banking integration is required on the developer's side. Rift is named as the first Solana wallet to ship the integration.
Solana frames the use cases as remittances and cross-border payouts, stablecoin payroll for gig and distributed workers, and aid distribution — in each case, a recipient walking into a MoneyGram location to collect local currency without a bank account or a wallet.
The network figures cited are MoneyGram's own: more than 60 million active customers, nearly half a million retail locations, and a digital presence across more than 200 countries and territories. Solana also notes that MoneyGram is already an infrastructure partner and an active validator on the chain, so this is a deepening of an existing relationship rather than a first contact.
Two executives are quoted. Solana Foundation President Lily Liu called Solana "infrastructure for the more than six billion people on the internet." MoneyGram Chairman and CEO Anthony Soohoo said "the future of payments is built on access" and described the launch as "another step toward building a truly open, global payments network." Both are promotional statements from the companies doing the launching.
Key facts
- MoneyGram Ramps live on Solana, announced Aug. 1, 2026 — Solana newsroom (solana.com/news)
- Cash deposits in 25+ countries; withdrawals in 170+ countries and territories — Solana newsroom
- Delivered via the Solana Developer Platform payments module; instant credentials, sandbox, SDKs — Solana newsroom
- Rift is the first Solana wallet to integrate Ramps — Solana newsroom
- MoneyGram network claims: 60M+ active customers, ~500,000 retail locations, 200+ countries — figures supplied by MoneyGram
- MoneyGram is also an existing Solana validator and infrastructure partner — Solana newsroom
The real-world read
This is a corporate announcement, written by one of the two companies announcing it, and it should be read that way. What's missing is everything a user or a builder would need to price the thing: no fees, no FX spreads, no transaction limits, no supported stablecoins named, no list of which 25 countries accept cash in, and no volume or transaction targets. "Fast, compliant" is asserted; the licensing and KYC obligations that actually govern cash-out in 170 jurisdictions go undescribed.
The asymmetry is the honest headline. Cash-in works in fewer than 15% of the territories where cash-out works — this is a payout rail, not a two-way one, and the announcement doesn't dwell on the gap. MoneyGram has previously built comparable cash-network integrations on other blockchains; whether Ramps is exclusive to Solana, or a chain-agnostic product being announced chain by chain, goes unaddressed. Rift's launch-partner status is stated without any usage figures behind it.
Opinion, and whose
Liu's "six billion people" framing and Soohoo's network-effects argument are marketing positions from the Solana Foundation and MoneyGram respectively, not findings. No independent party has yet assessed pricing, coverage or reliability.
Sources
- Solana newsroom, "MoneyGram Ramps launches on Solana," Aug. 1, 2026 — all figures, quotes and product details. This is first-party promotional material published by the Solana Foundation about its own ecosystem partner; treat it as an announcement, not verified reporting. MoneyGram's network statistics within it are self-reported.
No independent or secondary coverage was available to corroborate the launch details at time of writing.
Not financial advice.