Uniswap Launches Crypto to Bank Transfer Feature, Expanding Global Access!

Jakarta, Pintu News – Uniswap Labs recently announced the launch of a fiat off-ramp feature that allows users to transfer crypto funds directly to their bank accounts.

This feature, through partnerships with MoonPay, Robinhood, and Transak, makes it easy to convert digital assets into fiat currency, increasing accessibility for users in over 180 countries.

Check out the full news below!

Integration with Robinhood and MoonPay

Uniswap Labs has integrated its fiat off-ramp service with the Robinhood, MoonPay, and Transact platforms. The announcement was made via a post on X, marking a major step in making it easier for users to convert their crypto holdings into cash.

The service enables withdrawals directly to users’ bank accounts, offering a smoother and more efficient process. This new feature is available in over 180 countries, expanding the global reach of the UNI platform.

This feature is accessible through the Uniswap wallet on iOS and Android, making it easy for users to transition between crypto and traditional finance.

Read also: Block Inc. Money Laundering Scandal: What does it mean for the Company’s Future?

Feature Expansion with Unichain

After the launch of Uniswap v4 and Unichain, a Layer 2 network designed to increase scalability, Uniswap Labs continues to expand its features. Unichain Layer 2 is expected to reduce gas costs and increase transaction speed, which in turn could increase UNI prices with the new technology.

Uniswap v4 introduces customizable hooks, allowing developers to create more efficient trading strategies on the platform. This demonstrates Uniswap’s commitment to continuously innovate and improve the user experience while strengthening its position in the competitive DeFi market.

Also read: Pi Network gets more popular, businesses in Florida accept payments with Pi Coin!

The Expansion Trend of Off-Ramp Services in Crypto Wallets

This move by Uniswap comes amid a growing trend among DeFi platforms to bridge the gap between crypto and traditional banking. Other crypto wallets such as MetaMask have also expanded their fiat off-ramp services.

MetaMask recently integrated with Transact to support fiat withdrawals across multiple blockchains. This reflects a growing trend where more DeFi platforms seek to make it easier for users to manage their crypto and fiat assets. As such, users can enjoy more flexibility in managing their investments in the dynamic crypto ecosystem.

Conclusion

With the introduction of this fiat off-ramp feature, Uniswap Labs expands its functionality and strengthens its position as an innovation leader in the DeFi ecosystem. Users now have more efficient tools to manage their crypto and fiat assets, enriching the user experience and expanding crypto adoption globally.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Uniswap Expands with Fiat Off-Ramps for Crypto to Bank Transfers Details. Accessed on February 28, 2025
• Featured Image: Coinmarketcap