Categories: MarketsMenafn

MetaMask Teams Up With Ramp Network To Enables Cash Outs from Ethereum L2s

Ramp Network, a cryptocurrency on-and-off ramp solution platform, has announced that MetaMask now allows users to sell their cryptocurrency straight from Ethereum layer-2 networks.

With this collaboration, Ramp Network can allow withdrawals straight from layer-2 networks like BNB Chain, Polygon, and Optimism. Hence, MetaMask users can swap their tokens for fiat currencies without bridging the Ethereum main net.

Ramp Network’s Partnership with MetaMask

Ramp first partnered with the Ethereum-based wallet in September 2023. MetaMask is one of the most popular non-custodial cryptocurrency wallets used by most decentralized applications; it is owned by the Web3 software firm Consensys.

MetaMask users can manage their Ether keys using the wallet’s mobile app or browser extension. The last phase of the partnership will enable customers to cash out directly in 35 local currencies.

The platform added that it would provide support across 130 countries. Hence, local banks can allow MetaMask users with ETH on layer-2 networks to cash out in their local currency.

This integration enhances Ramp Network’s initial service of enabling users to purchase cryptocurrency using credit or debit cards, local payment methods, and direct bank transfers.

Other Ramp Partnerships

The Ramp Network’s latest expansion follows its collaboration with World Chain on Jan. 18. Ramp also partnered with Tools for Humanity. This tech firm develops tools to make digital and blockchain technologies accessible to everyone, regardless of their technical capabilities.

Hence, Ramp customers can purchase and sell the USDC stablecoin and World token (WLD) on the World Chain. This collaboration enabled on-ramp and off-ramp services for WLD and USDC on the Optimism network.

In addition, Ramp Network partnered with Sistema de Pagos Electrónicos Interbancarios (SPEI) to provide crypto-to-fiat off-ramps for Mexican banks. SPEI is a payment network that the Bank of Mexico operates.

This milestone enabled Ramp Network to provide its Mexico-based customers with cryptocurrency-to-Mexican Peso payouts in real-time. Last September, the platform introduced its service in all 50 U.S. states, including the District of Columbia. The firm also offers its services in Brazil.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

TR.ENERGY: Buy TRON Energy and Fee Savings on USDT Transfers in the TRX Network

Sharjah, UAE, 5th July 2025, ZEX PR WIRE, TR.ENERGY is a high-tech decentralized platform for efficient…

2 days ago

Closed Zero-Day Market Offers Targeted Exploits for WhatsApp, Android, iOS, macOS, and Linux

New York, US, 5th July 2025, ZEX PR WIRE, A growing number of cybersecurity professionals are…

2 days ago

Atelier Home Sets a New Standard for Luxury Home Decor

Berlin, Germany, 2nd July 2025, In the heart of Europe’s design capital, a new name…

5 days ago

WEMADE and Redlab Games Unleash Blockbuster Web3 MMORPG – ROM: Golden Age – Global Pre-Registration Now Open for August 2025 Launch!

Singapore, 2nd July 2025, ZEX PR WIRE, WEMADE and Redlab Games are thrilled to announce…

5 days ago

Angry Pepe Fork Unveils Deflationary Roadmap as PI Network Crosses 60M Users

New York, USA, 1st July 2025, ZEX PR WIRE, While PI Network officially passes 60…

6 days ago

Tradeview Secures Prestigious SCA Category 5 License, Unlocking New Growth Opportunities in the UAE

Dubai, UAE, 1st July 2025, ZEX PR WIRE, In a bold step forward for its…

6 days ago