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The Ramp Network integration allows users to deposit FuseDollar directly to their accounts on Fuse Network using their bank accounts. This possibility is now also open for users in the US.
In May, we announced that the major partnership between Fuse and fiat-to-crypto gateway Ramp Network had gone fully live.
Ramp’s fiat on-ramp functionality enables anyone to use their bank account to obtain the first Fuse-native stablecoin FuseDollar (fUSD) which is deposited directly to the user’s account on Fuse Network. fUSD is pegged to the US Dollar thanks to its 100% backing by the USD Coin (USDC) stablecoin issued by Circle.
fUSD deposits may be made via Ramp’s web-site or using the in-app plugin inside Fuse’s consumer-facing Fuse Cash mobile crypto wallet or the plugin inside the Voltage Finance (formerly FuseFi) web application.
FuseDollar Deposits via Ramp Now Available for US users
We are excited to announce that fUSD deposits via Ramp can now also be made by US residents. Currently, they can only be made using a credit card. Users depositing fUSD via the Fuse Cash mobile wallet will be exempt from the Ramp deposit fee.
This simplifies the access to the rapidly growing crypto payments and decentralized finance (DeFi) ecosystem on Fuse for one of the most important audiences for crypto adoption, and we hope that it will bring significant additional activity and liquidity to Fuse.
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