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MoneyGram Joins Solana as Validator to Process Transactions
MoneyGram became a validator on the Solana blockchain on June 22, 2026, operating a node that processes transactions and secures the network. The remittances firm also joined the Solana Developer Platform after launching its MGUSD stablecoin on Stellar earlier in the month.
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MoneyGram joined Solana as a validator on June 22, 2026. The company now operates a validator node that processes transactions and secures the proof-of-stake network. MoneyGram also joined the Solana Developer Platform, an initiative for institutions building financial products on the blockchain.
The move follows the launch of its MGUSD stablecoin on the Stellar blockchain earlier in June through a partnership with Stripe-owned Bridge. MoneyGram separately joined payments-focused blockchain Tempo as an anchor validator. The company said its involvement with Solana forms part of a strategy to build on multiple open blockchain networks rather than relying on a single chain.
"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.
Transparency
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CorroborationModerate · 1 source
