Transak becomes first US crypto on-ramp to enable wire transfers
Wire transfers in the world’s largest economy could attract more high-net-worth individuals to crypto.
Transak, a Web3 payments infrastructure provider, has become the first fiat-to-crypto on-ramp to introduce wire transfers for crypto users in the United States.
This marks the first time that crypto users in the world’s largest economy will be able to top up their digital asset accounts via wire transfers.
Providing a familiar and secure payment method like wire transfers could bolster crypto adoption and make it more accessible to the mainstream, according to Sami Start, the co-founder and CEO of Transak.
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Author: Zoltan Vardai
