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MetaMask announced the addition of Fiat Currency deposit (on-ramp) function through Venmo, allowing U.S. users to purchase Cryptocurrency using the payment app, supported by the fintech company Moonpay focused on Cryptocurrency. PayPal's subsidiary Venmo launched Cryptocurrency transfer services for its customers in April 2023. The company has been supporting the purchase, holding, and selling of Cryptocurrency since 2021. Although the MetaMask Fiat Currency to Cryptocurrency option is available in about 200 countries/regions, the Venmo partnership is only applicable to U.S. users.


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