Trust Wallet and Mercuryo have teamed up to enable crypto-to-fiat swaps for over 30 digital assets.

This partnership addresses the challenge of converting cryptocurrencies into real-world money, a process known as “off-ramping.” While cryptocurrencies offer a means to store value in decentralized networks, many transactions still require fiat currencies for settlement. This collaboration aims to bridge that gap.

Trust Wallet, a leading self-custody provider, and Mercuryo, a payments infrastructure firm, will provide users with a seamless way to convert digital coins into fiat. Mercuryo’s co-founder and CEO, Petr Kozyakov, emphasized the importance of having easy access to off-ramp services, highlighting that it is as crucial as securely storing digital assets.

The integration of Mercuryo’s services into Trust Wallet will facilitate the conversion process, making it more accessible for users to utilize their digital assets in real-world scenarios. This move is expected to enhance the usability and adoption of cryptocurrencies by providing a straightforward solution for one of the key hurdles in the crypto ecosystem.

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