XRP adoption set to receive big boost as grand vision for fiat gateway is unveiled
has unveiled a huge vision for the XRP fiat gateway. The XRP tipbot creator was replying to an XRP user's question about when the XRP off-ramp feature would be enabled.
In an exciting milestone, Xumm, a major XRPL wallet, announced the launch of on-ramp services for users from the Netherlands in October 2022, allowing them to easily convert their Euro for XRP without the involvement of a third party. Xumm onramp/offramp will basically turn in to a compliant version of what XRParrot was many years ago 🔥Users could purchase XRP by sending Euros from their international bank account number to XRPL Labs and receiving XRP in minutes. Although the off-ramp option was added after, it was not enabled.
Xumm's on-ramp services ignited community excitement at launch and continue to do so, with users now eagerly awaiting the enablement of the off-ramp feature.Wind responded that a solution is already available and will be implemented as soon as Xumm 2.6 and Hooks-related developments are complete. He further adds,"We're going to dip into on-ledger DEX EUR liquidity instead of an external liquidity provider, which was where things were pending for too long.
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