Uniswap Labs has integrated the off-ramp capabilities of the transak in Uniswap Wallet.
This integration allows users to transform their crypto assets directly into fiat currency within the app.
According to a release shared with crypto.news, updates increase the functionality of the uniswap wallet, making it a more comprehensive solution to manage digital assets.
Support 169 countries
Integration enables cashing in 169 countries to cache cashing through transfer, visa cards and country-specific payment methods.
“True Defi Accessibility extends beyond buying Crypto only – this includes the ability to cache basically cash.”
Uniswap first integrated the transak in July 2024 to streamline crypto purchases using Apple Pay, Google Pay and Bank Card.
Transak recently obtained the money transmitter license at Illinois and Missouri, expanding its American appearance. These licenses allow the web3 payment provider to operate independently in both states.
With the latest updates, users can now purchase and sell crypto within the wallet, which can strengthen the mission of uniswap to make decentralized finance more practical and accessible worldwide.
Metamaska recently expanded its Fiat of-Ramp support to more than 10 blockchain through a partnership with Transak, allowing users tokens directly into fiat on some networks.
Previously, users had to convert the first tokens into atherium (ath), which was disabled and expensive.
