Offramp to Shut Down Operations in Stages From July 1 to December 31

Offramp, a crypto-native cross-border financial platform primarily serving freelancers in Latin America, will cease operations through a phased shutdown ending on December 31. According to Foresight News, several services have already been disabled starting July 1. From July 1, functions including transfers, QR code payments, deposits, and investments were suspended. Starting July 31, Offramp will stop fiat deposits and withdrawals as well as cryptocurrency deposits. It will also disable physical and virtual cards and halt operation of its mobile application. On September 30, Offramp will stop cryptocurrency withdrawals. On December 31, the platform will disable remaining functions and formally stop operating.