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MoneyGram, Toss Bank MOU & SOL ETF Rotation | Jun 22
Audio is available on Spreaker — see link below.
MoneyGram joins Solana's validator set alongside Mastercard and Western Union as Toss Bank signs a remittance MOU with the Solana Foundation. SOL trades at $72–$74 while spot ETFs pull $7.1M inflows against Bitcoin's sixth straight week of outflows.
Audio is available on Spreaker — see link below.
MoneyGram is now a Solana validator. Not a partner.
The key implication here is the company they're keeping. When MoneyGram joined the Solana Developer Platform, they stepped into a validator roster that already includes Mastercard, Western Union, and Worldpay.
Toss Bank in South Korea added another layer to this. The country's third-largest internet bank, with fifteen million customers, signed an MOU with the Solana Foundation to pilot blockchain-based cross-border remittance settlement.
Away from the institutional layer, something quieter has been building in Solana's application stack. Collector Crypt, a platform that tokenizes physical trading cards vaulted in secure facilities, crossed one billion dollars in trading volume and fifty million dollars in revenue.
On capital flows, the divergence between Solana and Bitcoin ETF activity continued last week. Spot Solana ETFs drew seven-point-one-one million dollars in net inflows.
The real test isn't validator announcements. It's transaction volume.
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