MoneyGram announced that MoneyGram Ramps (Ramps) is now live on Solana, making its global cash and digital network available across multiple blockchain ecosystems as the company continues building an open, interoperable payments network.
MoneyGram announced the appointment of Will Karczewski as Executive Vice President and General Manager, Global Retail. In this role, Karczewski will lead the company's global retail and digital partner businesses, helping unlock growth opportunities across its global retail network while advancing the integration of retail and digital customer experiences.
MoneyGram 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 and joined Solana Developer Platform.
MoneyGram CEO Anthony Soohoo shares how expanding MoneyGram Ramps to Solana connects digital assets with real-world utility.
Wallets and apps built on Solana can now tap MoneyGram's global network to move between digital assets and local currencies. “Bringing MoneyGram Ramps to Solana is another step toward building a truly open, global payments network," said MoneyGram CEO Anthony Soohoo.
MoneyGram CEO Anthony Soohoo said the company's blockchain strategy is focused on modernizing cross-border payments, by using blockchain infrastructure to make remittances faster, cheaper and more transparent while keeping the technology invisible to customers.
Banamex, formally Citibanamex, is one of Mexico’s oldest and most widely used banking institutions. Because so many families in Mexico bank with Banamex, many US-to-Mexico money transfers eventually need to land in a Banamex account.
If you’re sending money to family in the Philippines, there’s a good chance they already use GCash. It’s one of the country’s most popular mobile wallets, used for everything from paying bills and buying groceries to sending money, topping up mobile data, and managing everyday expenses.
The United States to Philippines remittance corridor is one of the largest and most established in the world. Many Filipinos in the US send money home regularly to support family across the Philippines.