Crypto Startup Ramp Network Integrates Pix Payment Method by Central Bank of Brazil
Ramp Network, a crypto startup, has announced the integration of Pix, a payment method offered by the Central Bank of Brazil. This integration is expected to make it easier for individuals and businesses in Brazil to onboard into the crypto space, considering the widespread use of Pix in the country.
Earlier this year, Ramp Network added support for the Brazilian real and several other fiat currencies. Now, with the addition of Pix, users in Brazil can enjoy instant and direct access to a fast and convenient onboarding process into the web3 space.
About Pix and Ramp Network
Pix is a payment system introduced by Banco Central do Brasil in 2021. It allows users to send payments within seconds and is currently used by over 70% of Brazilians.
Ramp Network provides payment solutions and fiat gateways that connect crypto to the fiat economy. Their goal is to help crypto projects easily onboard millions of users into web3. The company has a local presence in Brazil and offices in the UK, US, and Poland, employing over 160 people worldwide.
Hot Take: Ramp Network Facilitates Crypto Onboarding in Brazil with Pix Integration
The integration of Pix by Ramp Network opens up new possibilities for individuals and businesses in Brazil to enter the world of cryptocurrencies seamlessly. With Pix being widely used as a payment method in the country, this integration simplifies the onboarding process and offers instant access to the web3 space. This move further solidifies Ramp Network’s commitment to connecting the fiat and crypto economies, providing innovative solutions for crypto projects to reach a larger user base. By expanding its presence in Brazil and leveraging the popularity of Pix, Ramp Network is well-positioned to foster crypto adoption in Latin America.
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