MoneyGram Joins Solana as Validator, Deepening Commitment to Blockchain Infrastructure
The remittance firm will help secure Solana’s proof-of-stake network as it expands stablecoin-based payment services.
- On Monday, June 22, 2026, MoneyGram announced it has become an active validator on the Solana network, contributing directly to the security, integrity and performance of the blockchain.
- The firm has spent over five years integrating blockchain into its payments infrastructure, and CEO Anthony Soohoo said engaging with Solana is the natural next step in that journey.
- MoneyGram also joined the Solana Developer Platform to design and scale compliant financial products, while Chief Product and Technology Officer Luke Tuttle noted that running a validator puts the firm inside Solana's consensus.
- Alongside institutions like Mastercard, MoneyGram joins as an early adopter helping shape institutional blockchain infrastructure, Sheraz Shere, General Manager of Payments and Commerce at the Solana Foundation, said.
- This move follows MoneyGram's recent launch of its MGUSD stablecoin on Stellar through a partnership with Stripe-owned Bridge, and the company's role as an anchor validator for payments-focused blockchain Tempo.
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PR Newswire
GlobalFinTechSeriesMoneyGram Joins Solana as Validator, Deepening Commitment to Blockchain Infrastructure
/PRNewswire/ -- MoneyGram today announced its entry into the Solana ecosystem, reinforcing the company's commitment to supporting the continued growth of...
MoneyGram has taken a new step in its commitment to blockchain infrastructure by officially becoming a validator of the Solana network, a decision that expands its presence in the ecosystem and consolidates its strategy to use decentralized technologies in the international payment sector. The announcement marks the formal entry of the company into the Solana ecosystem and makes this blockchain the third network where MoneyGram operates an offic…
CoinStats - MoneyGram CEO says joining Solana was the nex...
The second-largest global money transfer company, MoneyGram, has officially joined the Solana ecosystem, with the intent to expand its core financial services to the Solana blockchain. In a report on Monday, MoneyGram said it has launched a validator and also joined the Solana Developer Platform (SDP) as an infrastructure partner. Being a validator allows the global payment leader to stake SOL tokens, process blocks, and directly participate in …
Payments Firm MoneyGram Joins Solana (SOL) Network As Active Validator
The peer-to-peer payments firm MoneyGram is joining the Solana (SOL) Network as an active validator. MoneyGram will also join the Solana Developer Platform (SDP), following in the footsteps of Mastercard, Worldpay and Western Union, per a Solana Foundation announcement. MoneyGram has invested in blockchain technology and partnered with crypto firms for years, collaborating with the digital asset exchange Kraken as recently as last month. MoneyGr…
Why MoneyGram Becoming a Solana Validator Signals the End of Traditional Remittance Fees
NEW YORK — June 22, 2026__The global remittance industry may be entering a new era after MoneyGram announced that it has become an active validator on the Solana blockchain while also joining the Solana Developer Platform (SDP) as an infrastructure partner. The move goes far beyond another corporate blockchain partnership—it reflects a growing belief that […] The post Why MoneyGram Becoming a Solana Validator Signals the End of Traditional Remit…
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