The virtual card spends the dollar balance inside the MoneyGram app and works anywhere Visa is accepted. MoneyGram promised the card a year ago and has not said which stablecoin now backs it.

MoneyGram Ramps is now native to Solana, ending its run as a Stellar-only product. Trading app Rift is the first Solana wallet to integrate it.

The Dallas-based payments company is now the issuer of a U.S. dollar token on a public chain, with Stripe-owned Bridge as the regulated minter, M0 smart contracts handling supply, and Fireblocks holding the float.

MoneyGram has become Tempo's anchor remittance validator in a new strategic blockchain partnership designed to enhance cross-border payment infrastructure.