Transak, a Web3 onboarding infrastructure provider, is taking a step in this direction, announcing the launch of its crypto-to-fiat off-ramping service.

The team has just announced the launch of its new crypto-to-fiat off-ramping service. Currently, the process of selling crypto is very long and involves risk. With this solution, a user just needs to access Transak from any of the leading dApps, choose a crypto asset, enter the amount they want to off-ramp, provide their bank account details and make the transaction. This enables not only native users to move their funds but also gives non-native users the confidence to interact with web3, as now they have a clear path to liquidate their crypto holdings to fiat anytime.

The service currently supports 40+ crypto assets like Bitcoin, Ethereum, Solana, and also stablecoins like USDC and DAI across multiple chains.