Wire transfers in the world’s largest economy could attract more high-net-worth individuals to crypto.
Transak, a Web3 payments infrastructure provider, has become the first fiat-to-crypto on-ramp to introduce wire transfers for crypto users in the United States.
This marks the first time that crypto users in the world’s largest economy will be able to top u their digital asset accounts via wire transfers.
Providing a familiar and secure payment method like wire transfers could bolster crypto adoption and make it more accessible to the mainstream, according to Sami Start, the co-founder and CEO of Transak.
