Trust Wallet Launches Cash Deposits, Enabling Users To Convert Physical Cash Into Crypto
Trust Wallet, a leading self-custody Web3 wallet, has launched a new "Cash Deposits" feature in the U.S., allowing users to convert physical cash into digital assets like stablecoins, BTC, and SOL at over 15,000 retail locations. Powered by Coinme, this service enables individuals without bank accounts or cards to directly load cash and receive crypto into their self-custodied wallets. The initiative aims to bridge the gap for cash-reliant users, such as gig and service workers, by providing a fast, intermediary-free onramp to digital finance. Funds are typically available within minutes, and the service is available in 48 states, excluding New York and Vermont, with certain restrictions in Texas.
TheNewsCrypto02/18 17:18