Ramp launches USDT acceptance and conversion.
The company is embracing stablecoins at a rapid pace as Tether’s USDT stablecoin will now be accepted and used on major networks including Ethereum, Solana and Plasma. Also, Ramp plans to remove costs for client transactions with conversion fees set at 0.
Recently, Ramp launched stablecoin accounts with Tempo and was named as the recipient platform as part of the very first YC stablecoin funding examples to batch members to the sum of $500K.
With neobanks and fintechs adopting stablecoin technology, traditional banking groups are finding competition is ramping up.
