Key Takeaways:
- Uniswap expands fiat access by partnering with Robinhood, MoonPay, and Transak, enabling crypto-to-cash transactions in 180+ countries.
- Regulatory relief for Uniswap and Robinhood as the SEC drops its investigations into both firms, marking a win for DeFi.
- Uniswap’s TVL drops 30% in 2024, reflecting broader market trends, despite the launch of its v4 platform in January.
Uniswap, the world’s largest decentralized exchange, has partnered with Robinhood, MoonPay, and Transak to simplify crypto-to-cash transactions.
As of February 27, users in over 180 countries can sell supported cryptocurrencies and directly deposit funds into their bank accounts via these platforms.
Turn your crypto into cash with Uniswap wallet 👀
— Uniswap Labs 🦄 (@Uniswap) February 27, 2025
Fiat offramping is now live, making it easier than ever to move between crypto and cash
No extra steps. No hassle. pic.twitter.com/mIL5ZtFLPD
The feature is currently available on the Uniswap wallet for Android and iOS, with plans to expand to its browser extension and web app.
This integration aims to address the long-standing challenges of converting crypto to fiat, which previously required centralized exchanges and complex processes.
Now, users can seamlessly transition between digital assets and cash with just a few clicks.
The announcement follows a major regulatory win for Uniswap.
The U.S. Securities and Exchange Commission (SEC) has officially dropped its investigation into Uniswap Labs, which began in April 2023.
Similarly, Robinhood’s crypto division also saw the SEC end its probe, signaling a shift in regulatory scrutiny.
Despite these positive developments, Uniswap’s total value locked (TVL) has fallen by 30% since the start of the year, reflecting a broader market decline.
Currently standing at $4.2 billion, its TVL is down from its $10 billion peak in 2021.
In January, Uniswap launched v4, enhancing user experience and developer tools across 12 blockchain networks.
About The Author
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
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