MoneyGram expands on Solana with global crypto-to-cash service

By ScryveWire ·

According to CoinDesk, MoneyGram has launched its cash-to-crypto service, MoneyGram Ramps, on the Solana blockchain, enabling users to convert between digital assets and local currencies. This service expands MoneyGram's global network, supporting cash deposits in over 25 countries and cash withdrawals in more than 170, while reinforcing the company's focus on integrating stablecoin-based transactions. CEO Anthony Soohoo emphasized that this move is part of a broader strategy to enhance cross-border payments through the use of blockchain technology. Read the full story at CoinDesk . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.