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Reservoir Finance Integrates with Stably Ramp

Categories: AnnouncementsPublished On: April 19th, 20233.5 min read

Stably Ramp and Reservoir Finance Partner to Provide Fiat On/Off Ramp for Vechain Ecosystem Users.

Stably is excited to announce our partnership with Reservoir Finance, a decentralized exchange (DEX) on the VeChain blockchain, enabling secure, automated liquidity and asset swaps for DeFi users. Reservoir has been committed to driving DeFi on VeChain and we are confident that this collaboration will bring exceptional value to the VeChain ecosystem.

By integrating Stably Ramp into Reservoir, users can enjoy a seamless fiat on and off-ramp experience, unlocking the potential of stable assets within the VeChain ecosystem. This partnership further empowers the DeFi community on VeChain by providing more utility and access to the $VeUSD stablecoin.

Stably shares Reservoir’s vision for a thriving and decentralized financial ecosystem on VeChain. Through this partnership, we aim to contribute to the blossoming of activity and use cases on the platform. 

We look forward to continued innovation and collaboration with the Reservoir team and the broader VeChain community, fostering growth and driving the adoption of DeFi solutions on VeChain.

You can follow the easy steps below to buy/sell Stablecoins on Vexchange:

  1. Submit a buy or sell order through the Stably Ramp page
  2. Create a new account and submit your KYC.
  3. Once approved for KYC, make a fiat payment via bank transfer or credit/debit card. Afterward, enter a wallet address to receive your tokens.
  4. Stably converts fiat to stablecoin and sends it to your wallet.
  5. Receive your tokens and start using them in Web3 apps.

Stably Ramp

Stably Ramp is a leading fiat-to-stablecoin gateway, offering low friction payment options such as Fedwire, SWIFT, ACH, and instant ACH, with superior exchange rates compared to other fiat ramps for stablecoins. Once integrated with a DeFi aggregator in Q2, Stably Ramp will become omnichain, offering access to 100+ digital assets on 25+ networks, including popular stablecoins such as USDC, USDT, USDS, BUSD, DAI, and FRAX. With a focus on self-custody settlement, users receive purchased assets directly in their non-custodial wallet, reducing custody risk and increasing security. Stably Ramp offers worldwide coverage, supports 40+ currencies and 200+ countries/regions, making it the top choice for Web3 BUIDLers to enable their users to buy/sell stablecoins using traditional bank payments. 

To try Stably Ramp, visit stably.io/ramp and for integration information, contact our team via stably.io/contact and learn about our partner revenue sharing program.

About Reservoir Finance

Reservoir Finance is an automated liquidity protocol powered by a constant product formula and implemented in a system of non-upgradeable smart contracts on the VeChain blockchain. It obviates the need for trusted intermediaries, prioritizing decentralization, censorship resistance, and security. Reservoir Finance is open-source software licensed under the GPL.

About Stably

Stably is a Web3 payment infrastructure provider and FinCEN-registered MSB from Seattle. The company specializes in providing fiat gateways, multi-chain stablecoins, and cross-chain bridged tokens to users of Web3 applications. Stably’s mission is to power this decade’s next billion Web3 users with regulatory-compliant payment infrastructure across both developed and emerging blockchain ecosystems.

For all support inquiries, please visit support.stably.io.

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RISK DISCLAIMER: Nothing contained herein shall be considered financial advice or recommendation to buy/sell any security, commodity, cryptocurrency, digital asset, or any other financial instrument or asset. Cryptocurrencies, digital assets, and investing have many risks, including risk of losses beyond principal investment or purchase amount. Past performance is not indicative of future results. Investing, purchasing, and transacting in cryptocurrencies and digital assets carry a high level of risk and may not be suitable for all individuals. Before deciding to invest in cryptocurrencies and digital assets, you should carefully consider your objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss that may exceed your initial investment or purchase amount and therefore you should not invest money or purchase cryptocurrencies or digital assets in any amount that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency/digital asset investing, purchasing, and transacting and seek advice from an independent licensed financial advisor.

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