As a seasoned researcher with a decade-long career delving into the intricacies of financial technology and cryptocurrency, I find myself constantly astounded by the rapid evolution of the industry. The recent announcement made by Ramp Network about their expansion to 17 additional U.S. states, effectively covering all 50 states and the District of Columbia, is yet another testament to this relentless progression.
London, England, September 10th, 2024, Chainwire
The fintech firm, Ramp Network, which specializes in creating payment infrastructure that connects cryptocurrencies with the global financial system, has expanded its services to 17 more U.S. states. This move makes Ramp Network a significant player in providing onboarding solutions for cryptocurrencies, broadening its reach to cover users nationwide in the United States.
Ramp Network is thrilled to announce that it has expanded its service availability to more than 100 million users across Alaska, Alabama, Arkansas, Florida, Kentucky, Louisiana, Maryland, Minnesota, Nevada, New Jersey, New Mexico, New York, North Dakota, Ohio, Oregon, Vermont, and Washington, as well as the District of Columbia. Now, users in all 50 U.S. states can enjoy streamlined onboarding via bank cards and Apple Pay for Web3 services.
In the updated regions, a wide range of well-liked digital currencies such as Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Solana (SOL), USD Coin (USDC), and Tether (USDT) will be available for transactions, along with numerous other cryptocurrencies. However, the specific list of supported tokens may change slightly from one state to another due to regulatory considerations.
Szymon Sypniewicz, CEO and Co-Founder of Ramp Network, announced that they are expanding their services to all 50 U.S. states, a major milestone for the company. Previously available in 33 states, this expansion will now include traditionally difficult markets like New York, Hawaii, and Louisiana. Sypniewicz expressed pride in delivering high-quality services nationwide, which will benefit not only Ramp’s American users but also hundreds of their partners by onboarding over 100 million people in the newly accessible states. The executive is excited about this expansion and looks forward to welcoming new users to their platform across the United States.
Through its cutting-edge fintech infrastructure, Ramp Network is pioneering a path for millions worldwide to connect with Web3 by offering top-notch on- and off-ramp services that streamline the process of buying digital assets. Developers of decentralized applications can leverage Ramp’s API tools to seamlessly incorporate crypto on-ramps and off-ramps within their dApps. Notable partners like MetaMask, Trust Wallet, and Exodus are among those integrating Ramp’s on-ramp functionality directly into their apps.
Globally, Ramp takes pride in catering to over 150 nations and territories, facilitating crypto purchases using 42 different fiat currencies. These transactions can be made through various methods like bank transfers, credit/debit cards, Apple Pay, Google Pay, SEPA & SEPA Instant, and Pix (in Brazil). This is merely the beginning, as Ramp continues to expand and integrate local payment options in countries such as Argentina, Mexico, India, and many more.
About Ramp Network
Ramp Network is a financial tech firm developing tools that bridge the gap between the crypto market and today’s worldwide banking system. By offering seamless on- and off-ramp services, Ramp Network facilitates simple conversions between cryptocurrencies and traditional currencies for businesses and individuals in over 150 countries. Ramp Network is compatible with various popular payment solutions like debit/credit cards, bank transfers, Apple Pay, Google Pay, among others, ensuring a smooth user experience.
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2024-09-10 16:20