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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MoneyGram Joins Solana As Validator, Expands Blockchain Payments Strategy
MoneyGram has expanded its blockchain footprint by joining the Solana network as a validator, deepening its involvement in digital asset infrastructure. The move aligns with the company’s broader strategy to integrate blockchain technology, support institutional development on Solana, and advance stablecoin-powered cross-border payment solutions.
MoneyGram becomes Solana validator, expands blockchain payments strategy
MoneyGram's move to validate on Solana signals a shift towards public blockchain infrastructure, highlighting its growing role in global payments. The post MoneyGram becomes Solana validator, expands blockchain payments strategy appeared first on Crypto Briefing.
MoneyGram Adds Solana Validator Role to Support Blockchain Payments Strategy
MoneyGram has joined the Solana network as an active validator, expanding its blockchain payments strategy. The global payments company said the move supports its work on stablecoin-based financial infrastructure. MoneyGram also joined the Solana Developer Platform, where institutions can build compliant financial products. The update makes Solana the third blockchain where MoneyGram operates an official validator, alongside Tempo and Midnight N…
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