Ramp, a financial technology company specializing in crypto infrastructure, has announced the expansion of its platform’s compatibility with 40 new fiat currencies. This latest expansion enables users to transact more easily across borders and convert between cryptocurrencies and 43 fiat currencies while benefiting from favorable conversion rates. The move is expected to empower individuals across 150 countries, including developed and emerging markets such as Singapore Dollar and Costa Rican Colón.
Ramp’s expansion reflects the importance of on-ramps and off-ramps, which facilitate the acquisition and conversion of digital assets to fiat money. Such infrastructure bridges the gap between crypto and traditional financial systems, thereby enhancing accessibility, liquidity, and integration.
The expansion reflects the growing need for more on-ramps within the cryptocurrency space, as emphasized by self-custody advocate Jameson Lopp. Increasing the number of on-ramps drives cryptocurrency adoption and economic activity with digital currency.