Uniswap, the world’s largest decentralized exchange (DEX), has announced a partnership with Robinhood, MoonPay, and Transak to enable users in over 180 countries to convert cryptocurrency into fiat through direct bank deposits.
Significance of the Partnership
For years, converting cryptocurrency to cash required multiple steps and time. Uniswap's partnership with banks like Robinhood, MoonPay, and Transak simplifies this process, allowing users to sell ERC-20 tokens like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USDC with minimal effort via their Uniswap wallet. Transactions are now fast and available in over 180 countries.
Regulatory Clarity for Uniswap and Robinhood
This announcement follows the SEC dropping its investigation into Uniswap, which began in April 2024. On February 25, 2025, the SEC closed the case against Uniswap Labs without further action, marking a victory for DeFi. Similarly, a similar cessation of investigation occurred for Robinhood's crypto division.
Expanding Uniswap Ecosystem
Beyond fiat off-ramping, Uniswap is actively expanding its ecosystem. In January 2025, Uniswap v4 was launched with customizable hooks for developers. The launch of the Unichain Layer 2 network, aimed at reducing gas fees and enhancing transaction speeds, is expected in early 2025. These advancements are accompanied by security improvements, highlighted by a smart contract bug bounty program valued at $15.5 million.
Uniswap continues to evolve, offering convenience to users and updating its ecosystem. Partnerships and regulatory achievements underscore the platform's commitment to improving user experience and security.
