MoneyGram joins Solana as validator amid stablecoin payment push

Finance MoneyGram joins Solana as validator amid stablecoin payment push The remittances firm has become a validator on the Solana blockchain, helping process and secure transactions as it expands its stablecoin payments strategy. By Krisztian Sandor | Edited by Cheyenne Ligon Jun 22, 2026, 1:53 p.m. 1 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on MoneyGram app (MoneyGram) Summary Show MoneyGram has joined Solana as a validator, helping process transactions and secure the blockchain network. The move follows the launch of MoneyGram's MGUSD stablecoin on Stellar earlier this month. MoneyGram said Monday it has become a validator on the Solana (SOL) blockchain, the latest step in the remittance firm's ongoing push into crypto infrastructure as it builds payment services around stablecoins. By operating a validator, MoneyGram will help process transactions and secure Solana's proof-of-stake network, becoming a key part of the infrastructure that keeps the network running. The company also joined Solana Developer Platform, an initiative aimed at helping institutions build financial products on the blockchain. The move comes weeks after MoneyGram unveiled its MGUSD stablecoin on the Stellar blockchain, a sign of the company's growing commitment to blockchain-based payments infrastructure. After spending several years integrating crypto into remittances and settlement, MoneyGram is now taking a more active role in the networks that support those services. "MoneyGram has spent the past several years integrating blockchain into our payment infrastructure, and everything we are building now leverages this foundation," CEO Anthony Soohoo said in a statement. "We believe the future of global money movement will be built on open, interoperable stablecoin rails that anyone, anywhere can access." MoneyGram said its involvement with Solana reflects a broader strategy of building on open blockchain networks rather than relying on a single chain. The company's MGUSD stablecoin launched on Stellar through a partnership with Stripe-owned Bridge, while the company recently joined payments-focused blockchain Tempo as an anchor validator. Solana News MoneyGram Stablecoins Latest Crypto News 1 OKX and NYSE partner to bridge tradfi and crypto markets in joint venture led by Andrew Cuomo 13 minutes ago 2 Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto spring' 49 minutes ago 3 Bitcoin mining network becoming more sensitive to price swings, JPMorgan says 1 hour ago 4 Strategy added $35 million in bitcoin, $300 million in cash reserves last week 1 hour ago 5 TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY 1 hour ago 6 Bitcoin ETF outflow pain eases just as another headwind gathers strength 2 hours ago 7 As bitcoin, altcoin prices gain, derivatives signal skepticism over a sustained rally 2 hours ago 8 Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap 3 hours ago 9 Geopolitical relief meets the Warsh Fed: Crypto Week Ahead 3 hours ago 10 Taiko halts its Ethereum layer-2 network after a bridge exploit, token dives 4 hours ago Latest Research CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. By CoinDesk Research Jun 15, 2026 In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Why it matters : In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. View Full Report More From Finance Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto spring' TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY GoMining challenges Jack Dorsey's Square with payments system designed around bitcoin