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
Related events
- New financing platforms have launched, allowing institutions to borrow against staked Solana and enabling Circle to convert BTC into collateral.
- A new protocol utilizing Solana and Ethereum provides a centralized gateway for trading tokenized US stocks, involving Ondo Finance and OKX.
- Aave could accept native Bitcoin as collateral, a proposal backed by Babylon Labs, while SoFi expands its crypto access.
- A partnership was established to propose loan products secured by Bitcoin collateral.