#Remittance

FLOCK Expands Cross-Chain Reach With Chainlink CCIP

MoneyGram has officially integrated its fiat on- and off-ramp infrastructure with the Solana blockchain through the launch of its new Ramps product. This development allows users to convert fiat currency directly into digital assets within the Solana ecosystem, bridging the gap between traditional financial services and decentralized networks. By leveraging Solana's high-throughput architecture, MoneyGram aims to enhance the speed and efficiency of global cross-border transactions for retail users. This move represents a significant step in the institutional adoption of public blockchains for real-world payment utility. The integration highlights the growing trend of legacy financial institutions utilizing blockchain rails to modernize remittance and liquidity services. As MoneyGram expands its digital footprint, the accessibility of Solana-based assets for mainstream consumers is expected to increase substantially. This partnership underscores the strategic importance of interoperable fiat-to-crypto gateways in the broader maturation of the RWA and digital asset market.

cointrust.com·2h ago