The company, which builds payment infrastructure connecting crypto to the mainstream financial system, added 17 more states to its platform, broadening access to its services nationwide.
“Making web3 accessible and useful to all is core to Ramp Network’s mission,” Szymon Sypniewicz, CEO and Co-Founder of Ramp Network, told Investing.com.
“We are now expanding effortless on-ramping and off-ramping to 100m more Americans. At the same time, we offer access to 100m potential customers for hundreds of developers we work with who use our platform to make onboarding to their products easy and accessible.”
Previously available in 33 states and the District of Columbia, Ramp Network’s onboarding services allow users to buy and sell over 100 cryptocurrencies with “fast delivery and high transaction limits.”
The recent expansion brings access to more than 100 million additional users in states such as New York, Florida, Louisiana, and Ohio, allowing them to use bank cards and Apple (NASDAQ:AAPL) Pay to buy popular cryptocurrencies like Bitcoin, Ethereum, and Solana, among others.
Sypniewicz noted that the U.S. is the company’s largest market.
“This expansion allows us to serve all Americans but also enables hundreds of our partners to onboard over 100 million people in the now accessible states. We’re thrilled to offer nationwide access and look forward to welcoming new users to our platform,” he said.
The expansion comes amid growing interest in crypto in the U.S. A report from Coinbase (NASDAQ:COIN) reveals that Bitcoin is a hot topic for Americans, whether they are invested in it or not.
According to Coinbase research, 58% of Americans are aware of Bitcoin, and 15% are considering acquiring crypto in the near future. As more states regulate cryptocurrencies, the demand for simplified onboarding solutions like Ramp’s is expected to grow.
Ramp Network, which partners with major crypto wallets such as MetaMask, Trust Wallet, and Exodus, serves more than 150 countries and regions and supports purchases in 42 fiat currencies. The company recently launched a document-free verification system in Brazil to speed up crypto purchases, with plans for a wider rollout.
Ramp focuses on simplifying digital asset transactions by enabling developers to integrate crypto on-ramps and off-ramps directly into their applications. The company is also expanding support for local payment methods in Argentina, Mexico, India, and other countries to help make Web3 more accessible worldwide.
Source: Cryptocurrency - investing.com
