CoinDesk·3 min read·medium
MoneyGram expands on Solana with global crypto-to-cash service
K
Krisztian Sandor
✦AI Summary
MoneyGram has integrated its 'Ramps' service with the Solana blockchain, allowing users to convert digital assets into local cash across its global network. This move aims to facilitate easier cross-border remittances by bridging traditional financial infrastructure with stablecoin technology.
The company said Tuesday that MoneyGram Ramps has become available to wallets, exchanges and developers building on Solana. The service lets users convert cash into digital assets or cash them out through MoneyGram's payment network without each crypto app having to build its own connections to banks and cash outlets.
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