MoneyGram CEO: Solana Collaborate to Provide Developers with Access to 500,000 Retail Outlets
2026-08-20 00:43:13
According to CoinMeta, MoneyGram CEO Anthony Soohoo stated in an interview with Bloomberg Crypto that MoneyGram is connecting traditional finance with decentralized finance (DeFi) through collaboration with Solana, providing developers with the ability to access and deposit cash at 500,000 retail outlets. He pointed out that any project built on Solana can utilize MoneyGram's services to convert stablecoins into cash. Soohoo also mentioned that MoneyGram's goal is to provide developers with the infrastructure necessary to support their digital applications. The company collaborated with Stellar in 2021 and launched its own US dollar-stabilized coin, MGUSD. Recently, MoneyGram's service has been launched on Solana, and Rift has become the first wallet to integrate this service.
Source:U.Today
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