Uniswap Rolls Out Fiat Off-Ramps – Crypto to Bank Transfers Just Dropped
Uniswap Labs has dropped a major update for you: a built-in fiat off-ramp for the Uniswap wallet!
This means you can convert your digital assets to traditional currency and send to your bank account directly. The magic happens through integrations with Robinhood, MoonPay and Transak to expand the Uniswap ecosystem.
Uniswap launches native fiat withdrawal function, supporting users to quickly withdraw funds to bank accounts
Uniswap Labs announced the launch of a native fiat currency withdrawal function, which allows users to convert crypto assets into stablecoins such as USDC or ETH and w…
— Bpay News (@bpaynews) February 28, 2025
Available in 180+ countries, this is Uniswap’s commitment to making DeFi more accessible. The fiat off-ramp is live on the Uniswap wallet on iOS and Android and will come to the browser extension and website soon.
How it Works
With the latest update, you can convert supported ERC-20 tokens (like ETH and USDC) to fiat and withdraw to your bank account in seconds. No more swapping assets across multiple platforms, just a smoother experience for Uniswap users.
Integrated Providers: Robinhood, MoonPay and Transak for secure and compliant transactions.
Global Reach: 180+ countries to expand DeFi adoption.
Fast: Crypto-to-fiat conversions and bank withdrawals are near instantaneous.
User Friendly: Accessible through the Uniswap wallet on mobile, desktop support coming soon.
Uniswap also integrates with multiple fiat on-ramp providers so you can choose the most cost effective and convenient option for your region.
🚀 Uniswap Wallet users can now convert crypto to cash globally via @Transak’s off-ramp! 🌍
– Sell ETH/stablecoins directly to fiat in 169+ countries
– Bank transfers, Visa, and local payment methods supported
– Expands 2024 partnership to cover full crypto lifecycle…— Crypto Billion🚨 (@Billion_Crypto1) February 28, 2025
Regulatory Landscape and Industry Impact
This comes on the heels of the SEC dropping their case against Uniswap. Uniswap Labs says the decision reinforces their compliance with federal laws and their transparency efforts.
Also Uniswap’s fiat off-ramp aligns with the industry trend. MetaMask another major crypto wallet provider recently partnered with Transak to offer similar services. These are signs of DeFi converging with traditional finance.
What’s Next? Uniswap v4 and Unichain Expansion
Beyond fiat off-ramps, Uniswap Labs is expanding its ecosystem with two major updates: Uniswap v4 and Unichain, a new Layer 2 network designed to enhance scalability and reduce transaction costs.
Uniswap v4: Customizable hooks for developers to build new trading strategies.
Unichain Layer 2: Lower gas fees and faster transactions, more UNI adoption.
As Uniswap Labs keeps innovating, these updates make them a major player in bridging DeFi and traditional finance, making it more usable and accessible for millions.
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