MoneyGram today announced its entry into the Solana ecosystem, reinforcing the company’s commitment to supporting the continued growth of blockchain-based financial infrastructure.
MoneyGram has become an active validator on the Solana network, contributing directly to the security, integrity and performance of one of the world’s highest-performing blockchains.
MoneyGram is also now part of Solana Developer Platform, an AI-ready, API-driven platform to design, build and scale compliant financial products on Solana. Alongside institutions like Mastercard, MoneyGram joins as an early adopter helping to shape institutional blockchain infrastructure.
This marks the beginning of MoneyGram’s engagement with the Solana ecosystem. As blockchain networks become foundational to global financial services infrastructure, MoneyGram is helping build a future powered by open, interoperable stablecoin rails that anyone, anywhere can access.
“Running a validator puts MoneyGram inside Solana’s consensus,” said Luke Tuttle, Chief Product and Technology Officer, MoneyGram. “We stake Solana (SOL), process transaction blocks and help secure the network at the protocol level. We help run the rails we move money on. At the same time, as part of Solana Developer Platform, we’re actively innovating to make money movement seamless wherever the users are and in whatever form of money it may be.”
“MoneyGram’s decision to launch a validator on Solana and join Solana Developer Platform reflects a commitment to the Solana ecosystem,” said Sheraz Shere, GM, Payments and Commerce, Solana Foundation. “Players like MoneyGram, with global scale and experience serving customers across markets, are engaging with Solana as more payments activity moves onchain.”
“MoneyGram has spent the past several years integrating blockchain into our payment infrastructure, and everything we are building now leverages this foundation. Engaging with Solana is the next step in that journey,” said Anthony Soohoo, Chairman and CEO, MoneyGram. “We believe the future of global money movement will be built on open, interoperable stablecoin rails that anyone, anywhere can access. Building that future requires compliance, regulatory clarity and operational scale. MoneyGram brings all three. We’re helping make blockchain infrastructure a core part of global money movement.”
