Peter Thiel-backed unicorn Ramp rolls out $0 conversions between USDT and dollars across product suite
The Block
Fintech unicorn Ramp has introduced fee-free conversions between U.S. dollars and USDT stablecoins across its entire product suite.Summary
Ramp, a Peter Thiel-backed fintech firm valued at $32 billion, has launched fee-free, 1:1 conversions between the U.S. dollar and Tether’s USDT stablecoin. This integration allows users to seamlessly hold, send, and spend USDT across Ramp’s financial service offerings, including expense management and corporate cards. The new feature supports USDT on Ethereum, Solana, and the Bitfinex-backed Plasma network, marking a significant expansion of Ramp’s stablecoin-focused neobank capabilities.
(Source：The Block)