Immutable X Launches $ETH Off-ramp Feature, Allowing Users to Sell $ETH for Fiat Currency

Ethereum Layer2 scaling solution Immutable X announced that it's offering $ETH Off-ramp feature to developers on its platform. By integrating their projects with the feature, developers can enable their users to sell Layer2 $ETH for fiat currency and have the proceeds deposited directly to their bank accounts. For now, the feature is only available for end users from the US, UK and Europe. In addition, the $ETH Off-ramp feature will be live on Immutable X Marketplace in Q3 2022.