MoneyGram, a remittances company, is joining the Solana blockchain as an official validator. Multiple outlets report that the company is staking SOL and participating in block production, helping to process and secure transactions on the network. The move is presented as part of MoneyGram’s broader expansion of blockchain-based payments, with particular emphasis on stablecoin payment strategies as stablecoin adoption grows in remittances.
According to The Block, Solana is now the third blockchain where MoneyGram runs an official validator. The outlets also note that MoneyGram operates validators on other networks, including Tempo and the Midnight Network. CoinDesk adds that this validator role supports MoneyGram’s effort to expand stablecoin payments.
Across the reports, the common points are that MoneyGram is actively participating in Solana’s infrastructure through validator operations, and that the change aligns with a continuing push to use blockchain networks and stablecoins to facilitate cross-border payments.
