Offramps.eth - Send USDC to ENS, get USD
Offramp USDC, just like how you would send a token.
# BlockchainWhat is Offramps.eth - Send USDC to ENS, get USD?
Offramp your USDC by simply sending it to the ENS address: offramps.eth. Get started in 3 simple steps: 1. Submit your ID. 2. Connect your wallets. 3. Connect your US bank accounts. Once your account is approved, start sending USDC to offramps.eth!
Problem
Cryptocurrency users face challenges when trying to convert digital assets like USDC to fiat currency efficiently and without complex processes. The traditional offramping process often involves multiple steps, fees, and waiting times.
Solution
A financial service allowing users to offramp USDC to a linked US bank account simply by sending it to an ENS address. It streamlines the process into 3 steps: Submit ID, connect wallets, and connect US bank accounts for easy USDC conversion.
Customers
Cryptocurrency holders, especially those dealing with USDC, looking for an efficient way to convert their digital assets into USD and transfer to their bank accounts.
Unique Features
The uniqueness lies in the direct offramping to a bank account via an ENS domain, simplifying the traditional multi-step process.
User Comments
Users have not yet provided publicly accessible comments for a comprehensive summary.
Traction
No quantitative traction data is publicly available for this product.
Market Size
The global cryptocurrency payment apps market size was valued at $1.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 23.0% from 2022 to 2030.
