Ramp Network, a financial technology company, has expanded its cryptocurrency buying service to include all 50 U.S. states, including the District of Columbia. Ramp explained on Tuesday that the expansion expands its user base by adding support for 17 more states, making it easier for users to buy and sell digital currencies.
Ramp Network Covers 50 States, Boosting Cryptocurrency Adoption in the US
Previously available in 33 states, Ramp Network now offers nationwide service, allowing its more than 100 million users easier access to cryptocurrency purchases. 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 incorporates key states with stricter regulations, such as New York and Hawaii. San Francisco-based cryptocurrency company Coinbase recently expanded into Hawaii after updating state regulations. "This expansion allows us to serve all Americans, but also enables our hundreds of partners to onboard over 100 million people in states that are currently accessible," Ramp Network CEO and co-founder Szymon Sypniewicz said in a statement Tuesday.
Amid growing interest in cryptocurrencies, Ramp said its expansion is in line with the changing regulatory environment in the United States. The company, which aims to position itself as a leading fintech infrastructure provider, further pointed to integrations with Web3 wallets such as Metamask and Trust Wallet. On Tuesday, in its announcement, Ramp also touted its API tools, which allow decentralized applications (dapps) to add crypto purchasing features, promising an enhanced user experience in the digital asset space.
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