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Stably Ramp Lists USDP

Categories: AnnouncementsPublished On: April 14th, 20234.4 min read

Stably Ramp is excited to expand its stablecoin library with the listing of USDP (Pax Dollar), providing more options for users to buy and sell popular stablecoins.

Stably Ramp, the leading fiat-to-stablecoin gateway for Web3 dApps, is thrilled to announce the integration of Pax Dollar (USDP) on its platform. USDP is a dollar-pegged stablecoin offered by Paxos, a trusted name in the blockchain industry. With the addition of USDP, users can enjoy the benefits of a stable and secure digital asset backed one-to-one by the US Dollar.

Pax Dollar (USDP) is meticulously designed to maintain stability, as it is 100% collateralized by US Dollars held in reserve accounts. This backing enables USDP to be redeemed for US Dollars at a 1:1 ratio at all times, providing legal and compliant transactions with reduced volatility that stablecoins bring. USDP is fully regulated by the New York State Department of Financial Services, ensuring the highest standards of consumer protection. Its reserves are held in cash and cash equivalents, providing users with peace of mind that their funds are always safe and available for redemption. Additionally, USDP undergoes monthly attestations by a top-ranking auditing firm to verify its supply matches the reserve of US Dollars.

The addition of USDP to Stably Ramp’s offerings gives users more choices to buy and sell stablecoins using conventional payment methods like Fedwire, SWIFT, ACH, Instant ACH, and cards — all while providing some of the lowest fees and rates in the industry. Pax Dollar also offers users the opportunity for asset tokenization, including fractional ownership, global trade, and previously unavailable financial opportunities. Paxos’ innovative approach to stablecoins creates a solid foundation for the growing world of digital assets, ensuring that users can take advantage of the latest developments in blockchain technology.

As part of its mission to democratize access to stable digital assets, Stably Ramp will continue working on integrating more stablecoins and improving its platform to offer seamless, user-friendly experiences for its customers. The inclusion of USDP on Stably Ramp paves the way for increased adoption of digital assets in the US market and beyond, fostering greater financial inclusion and economic growth.

You can follow the easy steps below to buy/sell stablecoins with Stably Ramp:

  1. Submit a buy or sell order through the Stably Ramp.
  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.

Buy USDP on Stably Ramp: Buy USDP

Asset Information

Stably Ramp

Stably Ramp is a leading fiat-to-crypto on-ramp for purchasing and trading digital assets on various popular blockchains. Stably Ramp offers low-friction payment methods, including Fedwire, SWIFT, ACH, and instant ACH, making it easier for users to transact with ease. Users can access over 200 digital assets on more than 30 networks, including popular stablecoins such as USDC, USDT, USDS, BUSD, DAI, and FRAX. With a focus on self-custody settlement, users can directly receive purchased assets into their non-custodial wallet. Additionally, Stably Ramp supports over 40 currencies and 150+ countries/regions, making it an ideal option for Web3 projects to facilitate on-ramp transactions through traditional bank payments.

Try out Stably Ramp.

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.

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