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Stripe Expands Fiat-to-Crypto On-Ramp for Web3

Financial infrastructure firm Stripe has announced expanded access to its crypto on-ramp by introducing a new hosted option for Web3 companies, making it easier for US-based customers to purchase cryptocurrencies. The fintech firm has been actively expanding its initiatives in the crypto and Web3 space to provide better financial infrastructure for businesses and facilitate the adoption of cryptocurrencies and blockchain-enabled experiences. The fiat-to-crypto on-ramp service is designed to address the "cold start problem" faced by Web3 companies. Such an issue often arises because many potential users are unfamiliar with cryptocurrency.

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