Uniswap Launches Global Fiat Off-Ramp Service with Multiple Partners
The post Uniswap Launches Global Fiat Off-Ramp Service with Multiple Partners appeared on BitcoinEthereumNews.com.
TLDR Uniswap Labs has launched fiat off-ramps enabling direct crypto-to-bank transfers through partnerships with Robinhood, MoonPay, and Transak The service is available in over 180 countries via Uniswap wallet on iOS and Android devices Users can convert ERC-20 tokens like USDC and ETH before withdrawing to bank accounts The launch follows the SEC dropping its case against Uniswap The platform recently introduced Uniswap v4 and Unichain Layer 2 network for improved scalability Uniswap Labs has launched a new fiat off-ramp feature that allows users to transfer cryptocurrency directly to their bank accounts. The service is integrated with Robinhood, MoonPay, and Transak. The feature is now available in more than 180 countries. Users can access it through the Uniswap wallet on both iOS and Android platforms. The new service supports various ERC-20 tokens. Users can convert tokens like USDC and ETH before initiating bank transfers. Turn your crypto into cash with Uniswap wallet 👀 Fiat offramping is now live, making it easier than ever to move between crypto and cash No extra steps. No hassle. pic.twitter.com/mIL5ZtFLPD — Uniswap Labs 🦄 (@Uniswap) February 27, 2025 Uniswap Labs designed the process to complete within seconds. This marks a departure from traditional crypto-to-bank transfers that often face delays. The company plans to expand the service to its browser extension. This will make the feature accessible to desktop users as well. The launch comes after the US Securities and Exchange Commission dropped its case against Uniswap. This development has cleared a regulatory hurdle for the platform. Each partner brings unique capabilities to the service. Robinhood provides established financial infrastructure, while MoonPay offers specialized crypto payment solutions. Transak contributes its cross-border payment expertise. This combination ensures broad coverage across different regions. Recent Platform Developments The platform recently introduced Uniswap v4. This update includes customizable hooks for…
Filed under: News - @ February 28, 2025 3:23 pm