MoneyGram Becomes Solana Validator | LeapRate

MoneyGram has announced it is joining the Solana network as an active validator, marking a significant step in the global payments company’s deepening commitment to blockchain-based financial infrastructure.
The Dallas-headquartered firm will contribute directly to the security, integrity, and performance of the Solana proof-of-stake network by staking SOL, processing transaction blocks, and participating in consensus at the protocol level. The move positions MoneyGram alongside other institutional players helping to underpin one of the world’s highest-performing blockchains.
MoneyGram has also joined the Solana Developer Platform, an AI-ready, API-driven platform designed to help institutions build and scale compliant financial products on Solana. The company joins as an early adopter alongside institutions such as Mastercard.
Luke Tuttle, Chief Product and Technology Officer at MoneyGram, said the validator role places the company at the heart of Solana’s network operations. “We help run the rails we move money on,” Tuttle noted, adding that the firm is simultaneously innovating to make money movement seamless regardless of where users are or what form of money they use.
Sheraz Shere, General Manager of Payments and Commerce at the Solana Foundation, welcomed the development, highlighting MoneyGram’s global scale and experience as key assets as more payments activity moves onchain.
For MoneyGram, the announcement builds on more than five years of integrating blockchain and stablecoin capabilities into its core payments platform. The company serves over 60 million active customers through nearly half a million retail locations worldwide.
Chairman and CEO Anthony Soohoo framed the move as part of a broader vision, stating that the future of global money movement will be built on open, interoperable stablecoin rails accessible to everyone, everywhere.

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