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Market Map/On/Off Ramps

On/Off Ramps

Services that convert between fiat currencies and stablecoins.

12 companies tracked

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Avenia

Both

LatAm stablecoin infra (fka BRLA Digital). 7x growth in 2025. BRL/USD/EUR accounts via API.

Brazil-focused countries · 3 payment methods · 2 chains

$4.5M raised

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Bitso

Both

LatAm's largest crypto platform. $82B annualized TPV. Launching MXN stablecoin (MXNB) via Juno.

5 countries · 4 payment methods · 3 chains

$400M+ raised · 8M+ users

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Coinbase Onramp

On-ramp

Headless on-ramp API by Coinbase. 100+ tokens, 60+ fiat currencies. Apple Pay, no account needed.

90+ countries · 8 payment methods · 8 chains

Coinbase (public, COIN)

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Coins.ph

Both

Philippines' top crypto wallet. 18M+ users, BSP-regulated. 170+ tokens with PHP via banks and e-wallets.

Philippines-focused countries · 5 payment methods · 3 chains

Backed by Coinbase Ventures · 18M+ users

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Kado

Both

Fiat on/off ramp in 150+ countries. Acquired by Swapped in 2025. ACH, cards, Apple Pay, and PIX.

150+ countries · 4 payment methods · 7 chains

$6.5M raised

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Meso

On-ramp

Embedded on-ramp for web3 apps. Acquired by MoonPay in Sept 2025 to unify fiat-crypto payments.

US-focused countries · 3 payment methods · 3 chains

Acquired by MoonPay (2025)

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MoonPay

Both

Crypto on/off ramp for 180+ countries. 30M+ users, $645M raised. Acquired Helio and Meso in 2025.

180+ countries · 6 payment methods · 9 chains

$645M raised · 30M+ users

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Ramp

Both

Non-custodial on/off ramp in 150+ countries. MiCA-authorized. Building consumer app and USDC cards.

150+ countries · 6 payment methods · 8 chains

$70M+ raised

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Sardine

On-ramp

AI fraud prevention + fiat-to-crypto on-ramp. $145M raised, $70M Series C in 2025. Powers MetaMask.

180+ countries · 4 payment methods · 7 chains

$145M raised

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Trace Finance

Both

BRL-to-stablecoin in under 1 min via PIX. API-first infrastructure for exchanges and fintechs.

Brazil-focused countries · 3 payment methods · 2 chains

Seed stage

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Transak

Both

Fiat-to-crypto SDK for 160+ countries. $16M raised from Tether. Embedded in MetaMask and Uniswap.

160+ countries · 6 payment methods · 8 chains

$16M raised · 10M+ users

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Yellow Card

Both

Africa's first licensed stablecoin infra. 34 countries, $3B+ processed. Pivoted to B2B in 2026.

34 countries · 2 payment methods · 4 chains

$40M+ raised

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