MoneyGram expands crypto-to-cash ramp service to Solana

MoneyGram has expanded its crypto-to-cash infrastructure service, MoneyGram Ramps, to the Solana blockchain, CoinDesk reported. The move allows Solana wallet, DEX, and DApp developers to more easily integrate on/off-ramp functions that let users convert cash into digital assets or exchange cryptocurrency for local fiat currencies and cash out through MoneyGram’s global retail and account network. MoneyGram previously began supporting USDC on/off-ramps in partnership with the Stellar Development Foundation in 2022.