Bridging the gap and deepening connections between cryptocurrencies and traditional finance, Ramp Network has integrated with Coinbase’s newest offering, Base. This merger allows Ramp users to efficiently transition Base-native ETH and USDC into diverse crypto chains and directly into fiat, according to the official announcement.

Constructed to ensure speedy, cost-effective transactions, Base, utilizing Ethereum’s Optimism rollup tech, stepped into the limelight with its mainnet offered to developers in late July. Base integrated Chainlink’s price feeds onto its platform for better Web3 access on August 8.

The model of a centralised business launching a decentralised chain isn’t new. But it’s certainly becoming a more popular trend.

Why? Well, from a business perspective it provides a new avenue to monetisation via fees – as well as exposure to an entirely new user-base. https://t.co/MBkt0MxFam

— Miles Deutscher (@milesdeutscher) August 8, 2023

Ramp’s collaboration with Base emerges as a significant on-ramp and off-ramp, serving as a reliable bridge for users wishing to navigate the Base network. This incorporation dramatically simplifies the trajectory for digital assets, improving user experience.

The CEO of Ramp, Szymon Sypniewicz, built upon the purpose, stating, “In alignment with our steadfast commitment to the ecosystem’s Layer 2 solutions, Ramp will proudly support Base right from its inception, enabling transactions with ETH and USDC from day one.”

Third-party developers can expect a more straightforward experience in utilizing Ramp’s fiat-crypto gateway into their d

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Author: Emily Tonelli

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