MoneyGram has launched its crypto on- and off-ramp service on Solana, letting people on the network move between digital assets and physical cash through the payments company’s global network.

MoneyGram is a payments firm with more than 85 years of experience, serving over 60 million customers through nearly half a million retail locations worldwide.

Its product, MoneyGram Ramps, is a tool that lets apps connect users to cash-to-crypto and crypto-to-cash services, a “ramp” being the bridge between traditional money and digital assets.

Solana is a blockchain network built for fast, low-cost transactions, which has made it one of the most active networks for payments, trading, and stablecoins.

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