Ramp Network, a fintech company, has expanded its cryptocurrency purchasing service to all 50 U.S. states, including the District of Columbia. Ramp explained on Tuesday that the growth expands its user base by adding support to 17 states, making it easier for users to buy and sell digital currencies.
Ramp Network expands to all 50 states, promoting cryptocurrency adoption in the U.S.
Previously available in 33 states, Ramp Network now offers nationwide service, providing a streamlined path to cryptocurrency purchases for more than 1 million users. According to an announcement shared with Bitcoin.com News, the service includes support for major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), among others.
Ramp’s expansion also includes key states with stricter regulations, such as New York and Hawaii. Recently, San Francisco-based crypto company Coinbase expanded to Hawaii after state regulations were updated. “This expansion not only allows us to serve all Americans, it also enables hundreds of our partners to onboard more than 1 million people in the states that are now accessible,” said Szymon Sypniewicz, CEO and co-founder of Ramp Network, on Tuesday.
Amid growing interest in cryptocurrencies, Ramp claims its expansion is in line with the changing regulatory environment in the U.S. The company aims to position itself as a leading fintech infrastructure provider, further noting its integration with Web3 wallets such as Metamask and Trust Wallet. In its announcement on Tuesday, Ramp also touted its API tools that enable decentralized applications (dapps) to add cryptocurrency purchase functionality, promising an enhanced user experience in the digital asset space.