Fiat on-ramps are essential for mainstream Web3 adoption because they simplify the process of converting traditional currencies into cryptocurrencies, making digital assets more accessible to the general public
https://gisuser.com/2023/05/fiat-on-ramp-services-are-driving-the-adoption-of-web3.
Platforms like Binance Connect and Stripe's crypto on-ramp enable users to purchase crypto directly using familiar payment methods such as credit cards or bank transfers. This ease of access reduces friction for newcomers and encourages broader participation in the Web3 ecosystem. Moreover, these on-ramps often integrate compliance measures like KYC and AML, ensuring regulatory adherence and fostering trust among users and financial institutions. By bridging the gap between traditional finance and the decentralized world, fiat on-ramps play a pivotal role in driving the adoption and growth of Web3 technologies.