MoneyGram is offering alternative cross-border payment methods by allowing cash deposits to access Bitcoin and utilizing the Solana network for infrastructure expansion.
1 report, 1 independent
Updated Aug 11
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What happened
MoneyGram is offering alternative cross-border payment methods by allowing cash deposits to access Bitcoin and utilizing the Solana network for infrastructure expansion.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Visa is expanding capabilities to integrate various crypto networks (Ethereum, Stellar, Solana, Avalanche) to facilitate crypto-to-fiat on-ramps, challenging traditional payment rails.Also in this story
- MetaMask is expanding its product availability globally and rolling out Mastercard-enabled spending cards.
- Visa provides infrastructure for stablecoin card programs.
- Kraken uses the Visa network for merchant acceptance and rewards customers with Bitcoin cashback.
The entities involved
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MoneyGram
American money transfer company
Nothing else this week.
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Bitcoin
digital cash system and associated currency
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Solana
Mexican cottage manufacturer of sporting cars
- Tokenized asset distribution is being enabled using blockchain technology, involving Solana, Ondo, Ethereum, and major companies like Nvidia and Tesla.
- Attackers are exploiting developer platforms and content sites to distribute malware and run phishing campaigns, leveraging GitHub, SourceForge, WordPress, and YouTube.
Related events
- Galaxy Digital is offering crypto-backed lines of credit utilizing Bitcoin, staked Solana, and Ethereum.
- New financing platforms have launched, allowing institutions to borrow against staked Solana and enabling Circle to convert BTC into collateral.
- MetaMask added Bitcoin support in December and expanded to include Solana network. A new company is taking over Ethereum protocols.
- A partnership was established to propose loan products secured by Bitcoin collateral.
- Worldcoin seeks ETF approval from the SEC, while Solana hosts Intel tokenized stock issuance and Jito utilizes Solana for its trading platform.