Binance exchange partner Simplex to roll out Tether to euro offramp

[Dociko]

Over 200 firms in Simplex’s network can enable euro cashouts from Tether. Simplex, a crypto-to-fiat payments provider, is adding another fiat offramp to enable its partner exchanges like Binance and Huob to sell major stablecoin Tether (USDT) to the euro.

According to an Oct. 29 announcement, Simplex has rolled out new Tether (USDT) offramps across its partner network including major exchanges like Binance, OKEx and Huobi.

A Simplex representative told Cointelegraph that the latest development marks the first time when the sell option is enabled for Tether on Simplex, stating:
Details: https://cointelegraph.com/news/binance-exchange-partner-simplex-rolls-out-tether-to-euro-offramp