TrustLinq Adds Crypto-to-Fiat Bank Transfers Through Ripple Payments

The service supports more than 80 currencies across 170 countries, letting recipients get local fiat without an exchange account or crypto wallet.

Summary

TrustLinq has enabled crypto-to-fiat bank transfers through Ripple Payments (cross-border payment network), expanding payout options to more than 80 currencies and 170 countries. According to the post, recipients can receive local fiat directly, without needing to use a crypto exchange or hold a crypto wallet. The update highlights how payment infrastructure is being used to connect digital assets with traditional banking rails for international transfers.

Terms & Concepts
  • Ripple Payments: A cross-border payments network that uses blockchain-based infrastructure to move money across borders.
  • Crypto-to-fiat transfer: A conversion process that turns cryptocurrency value into traditional government-issued money for payout.
  • Fiat currency: Government-issued money such as dollars, euros, or yen, used in conventional banking systems.