Definition
An off-ramp converts digital assets (typically stablecoin balances) into fiat currency or traditional bank deposits — the complementary path to an on-ramp. Critical for retail and institutional adoption of programmable money and clearing flows.
Key Points
- Enables exit from crypto/stablecoin rails into local currency and banking systems
- Often paired with licensed banks or payment processors (e.g. KRW pilots in South Korea)
- Regulatory treatment varies by jurisdiction (AML, capital controls, banking licenses)