Stablecoin Payments Glossary
On-Off Ramp
An on-off ramp is a service that converts between fiat currency and digital assets such as stablecoins.
Explanation
On-ramps allow users or businesses to acquire stablecoins using bank transfers, cards, or other local payment methods. Off-ramps allow stablecoins to be converted back into fiat and withdrawn into bank accounts or payment systems.
Why it matters
On-off ramps connect blockchain-based payment systems with the traditional financial sector.
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