cryptoglobe.com
Xumm, a prominent self-custodial $XRP Ledger (XRPL) wallet, has revealed a partnership with Guardarian, a non-custodial fiat on/off-ramp provider. The collaboration aims to offer Xumm users a seamless experience when buying $XRP with one of 40 fiat currencies or selling their $XRP for fiat, all within the Xumm app.
Guardarian, which serves as a fiat-to-crypto gateway, supports a wide array of fiat currencies, including USD, EUR, GBP, TRY, ZAR, KRW, INR, AUD, and more.
The partnership ensures that Xumm users can securely purchase $XRP without leaving the app, while also enabling them to sell $XRP for fiat and deposit the funds directly into their local bank accounts.
🎉 New on/off-ramp! @guardarian_com now supports Xumm users globally with 40+ currencies. Experience smooth & secure transactions directly in your Xumm wallet. Check if your local currency 🌐 is available and try the latest xApp.https://t.co/STFA0xiW0j
— Xumm Wallet (@XummWallet) May 3, 2023
The integration is already available, with the gateway charging a flat fee of $2.2, or its equivalent in other currencies, regardless of the amount of $XRP a customer wishes to buy or sell. Although users can buy $XRP with various fiat currencies, they can only sell $XRP for EUR and GBP at this time.
As CryptoGlobe reported, earlier this month a new collaboration between Xumm and Ecwid, a leading e-commerce platform, was formed in a bid to help over a million online stores throughout the world accept $XRP Ledger payments.
Through the partnership, customers of these stores will be able to make payments using any asset they have on the $XRP Ledger, including the $XRP token. The collaboration will afford online store owners the opportunity to cater to a vast community of cryptocurrency users while also receiving payments in stablecoins denominated in USD, GBP, and EUR.
Notably, California-based fintech firm Ripple has recently revealed that its global $XRP-powered global proprietary payments solution, RippleNet, has processed nearly $30 billion across approximately 20 million transactions since launch.
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