The crypto market has struggled over the last year as prices have crashed, but Solana is back in the spotlight with new pushes that merge the blockchain with real-world payments. Two payments-focused companies have made headlines recently with moves that push blockchain deeper into infrastructure rather than speculation.
MoneyGram Pushes With Solana, MoonPay Moves With Entendre
On June 22, 2026, MoneyGram said it became an active validator on the Solana network, while MoonPay announced it had acquired Entendre to add AI accounting agents to its stablecoin stack, according to the companies’ own releases. The twin announcements matter because they point to a broader shift in Crypto as firms are not just building wallets and ramps anymore. Now, they are moving into the plumbing behind settlement, compliance, treasury, and ledger operations.
MoneyGram’s move is especially notable because a validator is not a marketing label. In Solana’s proof-of-stake model, validators help process transactions and participate in consensus, which means they contribute to network security and performance. The company also revealed it had joined the Solana Developer Platform, an AI-ready, API-driven environment for compliant financial products on the network. According to the company, this decision reflects more than five years of building blockchain into its payments stack, and
On the other hand, MoonPay’s announcement fits a different but related theme, and that is that the back office is becoming a competitive frontier in Crypto. Entendre’s software automates accounting workflows for multi-entity and multi-currency businesses. On its part, MoonPay said the acquisition extends its infrastructure into reconciliation, treasury, and close processes. In other words, MoonPay is trying to make stablecoin payments easier not only at the point of transfer, but also after the transaction lands.
The New Crypto Infrastructure Race
The MoneyGram news lands on the heels of another blockchain-infrastructure step from the company. On May 20, 2026, MoneyGram announced a partnership with Tempo and said it would act as Tempo’s anchor remittance validator. That makes the new move with Solana part of a wider multi-chain posture and not just a one-off experiment. Also, MoneyGram announced on June 2, 2026, that it launched MGUSD, a native dollar-denominated stablecoin for its global network. All of these developments suggest that the company is positioning itself to move money across multiple rails rather than betting on a single chain.
Similarly, MoonPay’s move carries a similar message about maturity. The company said Entendre’s customers use the platform to automate journal entries, reduce manual work, and close books faster, while also connecting with ledgers such as NetSuite, QuickBooks, and Xero. This moves the company from just a crypto payment rail to an enterprise workflow integration.
MoonPay has also made other moves to cement its dominance in crypto. In April, the company said it acquired Sodot and launched MoonPay Institutional, which it described as a platform for financial institutions, asset managers, trading firms, and exchanges. The Entendre deal just helps to extend an already robust push into AI-assisted finance operations.
For Solana, institutional validator participation helps reinforce the narrative that the network is no longer only a fast retail chain for traders and meme coins, as has been the case in the last few years. The Solana Foundation describes validators as the backbone of the network and notes that staking helps secure the ledger. MoneyGram’s participation gives that framing a payments-world use case.
Market activity
SOL / TetherUS
Market data and charting provided by TradingView. Data may be delayed depending on exchange availability.