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Fiat Off-Ramp
HomeGlossary TermsFiat Off-Ramp

Fiat Off-Ramp

June 28, 2023BY Ubik Capital
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A fiat off-ramp is an exchange service or platform enabling the conversion of digital assets, such as cryptocurrencies, into fiat currency, such as the U.S. dollar. These off-ramps are typically web-based services provided by financial service providers holding banking licenses, allowing them to operate legally within specific jurisdictions. Fiat off-ramps facilitate the process of converting digital assets back into traditional fiat currency for users.

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