# MoneyGram Ramps launches on Solana with Rift

> MoneyGram Ramps went live on Solana on Aug 11: a cash-to-crypto API for wallets and apps, deposits in 25+ countries, cash-out in 170+, with Rift as the first wallet.

- **Source:** https://ptycoin.com/en/posts/2026-08-14-moneygram-ramps-solana-rift/
- **Published:** 2026-08-14
- **Category:** News
- **Author:** Mateo
- **Tags:** remittances, payments, stablecoins, cross-border, wallets, latam
- **Also published in:** [Español](https://ptycoin.com/es/posts/2026-08-14-moneygram-ramps-solana-rift/)

---


**MoneyGram** put **MoneyGram Ramps** live on **Solana** on **August 11, 2026**, giving wallets, exchanges, and app builders a single API into the money-transfer company's cash network: cash deposits in more than **25** countries, cash withdrawals in more than **170** countries and territories, and **Rift** as the first Solana wallet to ship the integration.

## What went live

In a [PR Newswire release](https://www.prnewswire.com/news-releases/moneygram-ramps-goes-multichain-with-solana-launch-302847719.html) and same-day coverage from [CoinDesk](https://www.coindesk.com/business/2026/08/10/moneygram-expands-on-solana-with-global-crypto-to-cash-service) and the [Solana Foundation](https://solana.com/news/moneygram-ramps), MoneyGram said Ramps is now multichain. Developers on Solana can wire cash-to-crypto and crypto-to-cash flows without standing up their own banking stack or agent network.

Ramps is a developer API rather than a retail-app rebrand. Builders get instant API credentials, sandbox access, documentation and SDKs, and a path MoneyGram says skips separate banking integrations. The product is also listed inside the **Solana Developer Platform** payments module, next to other issuance, payments, and wallet-management APIs the foundation markets to institutions.

MoneyGram's scale claims, repeated across the release and Solana's write-up: more than **60 million** active customers, nearly **500,000** retail locations, and a digital footprint across more than **200** countries and territories. Those are company figures for the network footprint Ramps sells access to; they are not audited on-chain volume for the Solana lane.

## How a user would use it

Once a wallet or app plugs in, the flow is three steps:

1. **Cash in.** A user walks into a participating MoneyGram location in a deposit-supported market, hands over local currency, and receives digital assets in a supported Solana wallet.
2. **Cash out.** A user holding crypto or stablecoins in a Ramps-enabled wallet initiates a payout and picks up local currency at a participating agent.
3. **Builder middle.** Apps, exchanges, and payroll or remittance products call one API instead of negotiating agent contracts and FX rails country by country.

The [Solana Foundation post](https://solana.com/news/moneygram-ramps) names three use cases: remittances and cross-border payouts (send on-chain, cash out without a bank account or deep wallet literacy on the receiving end), payroll for distributed and gig workers, and aid distribution into hard-to-reach cash markets. Named stablecoin tickers and fee schedules for the Solana lane are thin in the public materials; prior MoneyGram crypto work has leaned on **USDC** and, more recently, MoneyGram's own **MGUSD**. Confirm the live token list and all-in cost inside each integrated app before treating any corridor as a default.

## Rift is the first Solana client

**Rift** is the first wallet MoneyGram and Solana name as live on Ramps. The press materials describe Rift as an AI-powered, self-custodial trading platform and wallet that already mixes crypto with equities, commodities, and FX-style products. With Ramps, Rift users can move between those digital balances and local cash through MoneyGram's agent network.

The launch shape is clear: Ramps is meant to show up *inside* wallets and apps people already use, alongside any MoneyGram-branded crypto destination. More Solana clients are expected; the public launch day named one.

## MoneyGram's longer chain of rails

MoneyGram has been building blockchain exits for years. In **2022**, the firm launched a cash on- and off-ramp with the Stellar Development Foundation so users could move between cash and Circle's **USDC** through MoneyGram locations. In **June 2026**, MoneyGram announced **MGUSD**, a dollar-backed stablecoin issued via **Bridge** (the Stripe-owned stablecoin infrastructure company) on Stellar, and also joined Solana as a validator. CoinDesk notes MoneyGram among partners in Stripe-led **Open USD** work as well.

The Solana Ramps launch is the cash-network piece of that strategy: Stellar for earlier USDC and MGUSD rails, Solana for high-throughput wallet and app distribution, and MoneyGram's agent map as the physical last mile either way. Chairman and CEO **Anthony Soohoo** cast the launch as network access: every platform connected expands the reach of the cash grid. Solana Foundation President **Lily Liu** framed it as giving builders fiat connectivity at global scale without reinventing compliance and agent coverage.

## Where this sits for LatAm corridors

Latin America is already a dense remittance and cash-out region for MoneyGram and its peers. Readers of this desk saw [Western Union's Stablecard with Rain](/en/posts/2026-08-06-western-union-stablecard-rain-usdpt/) ship days earlier as a *hold-and-spend* dollar product for remittance receivers, and [El Vecino's WhatsApp stablecoin lane into Mexico](/en/posts/2026-08-09-el-vecino-whatsapp-stablecoin-mexico/) as a corridor-specific send path with SPEI and OXXO exits. MoneyGram Ramps is a third cut of the same job: **cash in and cash out at agent scale**, exposed as an API to any Solana wallet or app that integrates it.

For senders and freelancers who already hold USDC or other dollar tokens on Solana, an agent cash-out in a MoneyGram-served town is the boring last mile that makes on-chain balances useful when the recipient still wants pesos, reais, or quetzales in hand. For families who never open a seed-phrase wallet, the surface that matters is whatever app or local partner embeds Ramps. Country-level deposit and withdrawal lists, fee cards, and KYC rules will decide whether a given corridor competes with a traditional MoneyGram transfer or a Bitso/Belo-style local stablecoin product.

The launch package still lacks a published LatAm country matrix for the Solana lane, independent first-week volume, and a public all-in cost comparison versus a classic agent remittance for a $200 or $500 send. Those numbers will separate a real rail from a developer-platform press cycle.

## What to watch

Three checkpoints will show whether Solana Ramps is product infrastructure or a partnership headline:

- **Client count.** How many Solana wallets and remittance apps beyond Rift ship a live cash-in/cash-out button in the next quarter.
- **Corridor clarity.** Named deposit and withdrawal countries in Mexico, Brazil, Colombia, Central America, and the Caribbean, with fee and limit cards a user can actually read.
- **Token and custody path.** Which assets settle (USDC, MGUSD, others), whether balances stay in the user's wallet through cash-out, and how compliance freezes interact with self-custody claims in each integrated app.

## Takeaway

On August 11, MoneyGram made **Ramps** available on Solana: one API into cash deposits in 25+ countries and cash withdrawals in 170+, with **Rift** as the first live wallet client and the product embedded in the Solana Developer Platform. The company is selling the same thing it has always sold (physical cash access at global agent density), now as multichain developer plumbing next to its Stellar USDC history, MGUSD issue, and Solana validator seat.

For readers who already move dollars on-chain, this is another named path from a Solana balance to a neighborhood cash counter. For readers who only ever pick up remittances at an agent window, it may show up later as a button inside an app they already trust. Check availability, fees, and supported assets in the specific wallet before you plan rent money around a new rail. This is product reporting, not a recommendation to change how you send or receive.

---

## Keep reading

- [How to check and revoke token approvals](https://ptycoin.com/en/posts/2026-08-04-token-approvals-check-and-revoke/index.md): A token approval lets a dapp spend your USDT or USDC later without asking again. Learn how unlimited allowances work, how to list them, and how to revoke the ones you no longer need.
- [How to plan gas so your stablecoins stay spendable](https://ptycoin.com/en/posts/2026-07-28-gas-planning-native-fees-stablecoins/index.md): USDT can land in a wallet and still be unspendable. You need the chain's own coin for fees. This guide shows how to keep TRX, ETH, SOL, and similar gas ready before you need it.
- [How to pick the right network for USDT and USDC](https://ptycoin.com/en/posts/2026-07-21-pick-right-network-usdt-usdc/index.md): USDT and USDC exist on many chains. Wrong-network sends are a top permanent-loss risk. Use this checklist to match asset, network, fees, and wallet support before you transfer.

---

Source: PTYcoin — https://ptycoin.com/en/posts/2026-08-14-moneygram-ramps-solana-rift/. Free to read and cite with attribution to ptycoin.com. AI-usage terms: https://ptycoin.com/en/ai-usage/
