Uniswap’s Fiat Off-Ramp Now Live in 180+ Countries with $4.2B TVL Amid Regulatory Win

Uniswap has launched its native fiat off-ramps—integrating with Robinhood, MoonPay, and Transak—enabling seamless crypto-to-bank transfers for users in over 180 countries. The development comes on the heels of Uniswap’s recent platform upgrades, including v4 and Unichain Layer 2, as well as a significant regulatory victory with the SEC dropping its investigation.

• The new fiat off-ramp is available to users in over 180 countries, expanding Uniswap’s accessibility.

• Users can convert crypto to fiat and deposit directly into their bank accounts with just a few clicks.

• Integrations with Robinhood, MoonPay, and Transak simplify the crypto-to-cash transition.

• While UNI token prices dipped amid broader market trends, the platform’s TVL remains robust at $4.2 billion.

• The SEC’s decision to drop its investigation provides a significant boost to Uniswap and the DeFi community.

Uniswap has taken a bold step in enhancing user convenience by integrating native fiat off-ramps into its wallet applications for both Android and iOS. This new service lets users swap supported ERC-20 tokens—such as USDC and ETH—into fiat currency, enabling direct deposits into bank accounts in just seconds. The feature is set to roll out on the Uniswap browser extension and web app in the coming weeks, ensuring a broad, seamless experience for users worldwide.

By partnering with well-known platforms like Robinhood, MoonPay, and Transak, Uniswap has bridged the gap between decentralized finance and traditional banking. These partnerships allow users from more than 180 countries to convert crypto into cash quickly, bypassing the typically frustrating process of signing into centralized exchanges and managing complex crypto addresses. This integration underscores Uniswap’s commitment to streamlining financial interactions in the DeFi sector.

Read more: What Is Uniswap DEX and How Does it Work?

UNI/USDT price chart | Source: KuCoin

Despite the launch of these groundbreaking features, Uniswap’s native token, UNI, saw a 5.4% drop to $7.31 amid broader market movements. With total value locked (TVL) standing at under $4 billion—down from an all-time high of $10 billion in 2021—Uniswap continues to face market headwinds. However, the introduction of the off-ramp is expected to drive increased usage and improved liquidity, potentially stabilizing and growing the platform’s ecosystem over time.

Uniswap TVL | Source: DefiLlama

Just days before rolling out the new fiat off-ramp, Uniswap Labs celebrated a major regulatory victory when the SEC dropped its investigation into the firm. This decision, following an earlier Wells notice, marks a significant win for the broader DeFi community and signals a shift toward a more supportive regulatory environment for decentralized platforms. With the recent launch of Uniswap v4 and the innovative Unichain Layer 2, the platform is poised to offer even more efficient trading experiences and advanced developer tools, reinforcing its position as the world’s largest decentralized exchange.

Uniswap’s latest advancements underscore a transformative step in decentralized finance, enhancing global connectivity and streamlining the conversion of digital assets into traditional fiat currencies. While the platform's new features and strategic partnerships pave the way for a more accessible and efficient user experience, investors and users should exercise caution. The dynamic nature of crypto markets, coupled with regulatory and technological uncertainties, highlights the importance of understanding the risks inherent to digital asset investments.

Read more: Raydium Surpasses Uniswap in Monthly DEX Volume by 25%, Signaling Shift in DeFi Market Dynamics