MoneyGram unveils Ramps, a developer-focused API simplifying global cash-to-crypto and crypto-to-cash integration through fast, compliant connections.
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MoneyGram Ramps enables developers to offer compliant cash and crypto integration at scale, unlocking global financial access via a single API. Image: MoneyGram |
Miami, USA — May 3, 2025:
MoneyGram, a global leader in digital payments and financial connectivity, has introduced MoneyGram Ramps, a powerful new developer API designed to bridge the gap between cash and cryptocurrency. Announced during Formula One weekend in Miami, this launch positions MoneyGram as a central infrastructure player linking traditional finance with the digital economy.
Ramps provides developers with an easy and compliant way to embed cash-to-crypto and crypto-to-cash functionality into apps, wallets, and exchanges. With just a few lines of code, developers can tap into MoneyGram’s vast global cash network, enabling cash deposits in over 30 countries and cash withdrawals in more than 170 countries. By eliminating the need for custom infrastructure and complex regulatory navigation, Ramps transforms what was once a months-long integration process into one that can be completed in minutes.
According to MoneyGram CEO Anthony Soohoo, the launch of Ramps reinforces the company's commitment to democratizing access to financial tools. He emphasized that the company’s developer-first approach makes MoneyGram the connective tissue between the physical and digital financial systems. CTO Luke Tuttle echoed this vision, calling Ramps the long-missing link that drastically cuts development time while elevating compliance standards.
The product is powered by the Stellar blockchain and Circle’s USDC, creating seamless transitions between fiat currency and digital assets. With the backing of MoneyGram’s global reach, the solution empowers users, including those without bank accounts, to participate in the digital economy by depositing or withdrawing cash at thousands of locations worldwide.
MoneyGram Ramps is designed not just for speed and functionality, but also to provide real-world financial access. The company has removed previous barriers to onboarding by offering instant API credentials, real-time sandbox access, and simplified setup—all while maintaining its robust security and regulatory standards. According to Tuttle, the goal is to empower the next generation of entrepreneurs to build accessible financial tools for the estimated 1.4 billion adults worldwide who still depend on cash.
This announcement marks a significant milestone in MoneyGram’s ongoing digital transformation. By offering developers the infrastructure to easily integrate crypto on/off-ramps, MoneyGram is unlocking new growth opportunities and removing the traditional constraints of banking access and cross-border payments.
Soohoo concluded by inviting the global development community to build with MoneyGram, emphasizing the company’s commitment to creating a borderless financial future. With MoneyGram Ramps, the company signals a bold step toward reshaping how money moves around the world.
Developers can begin building with Ramps and access the live onboarding experience at developer.moneygram.com.