Banxa Brings Fiat On-Ramp Access to Arbitrum's USDC Arbitrum has announced that users can now purchase $USDC directly on the Arbitrum network through Banxa, the regulated fiat-to-crypto payme
Arbitrum has announced that users can now purchase $USDC directly on the Arbitrum network through Banxa, the regulated fiat-to-crypto payment gateway. The integration covers bank transfers, debit and credit cards, and local payment methods, broadening the ways users can fund positions on one of Ethereum's most active Layer 2 networks.
The move lowers a practical barrier for new and existing users. Rather than acquiring USDC on a centralised exchange and bridging it across, buyers can now land the asset directly on Arbitrum in a single step. Circle launched USDC natively on Arbitrum One in June 2023, adding support for its Cross-Chain Transfer Protocol, which enabled direct minting and burning of USDC between Ethereum and Arbitrum One. As of March 2025, there was over $3.5 billion of USDC in circulation on Arbitrum.
Banxa is available in more than 180 countries, with support for over 30 fiat currencies and local payment methods worldwide. The company operates as a fiat-to-crypto payment gateway primarily serving crypto exchanges, wallets, and other blockchain platforms that require compliant and secure fiat on-ramps, with a focus on regulatory compliance, fraud prevention, and user verification.
The Arbitrum integration adds to a growing list of blockchain networks where Banxa has established a presence, which already includes Ethereum, Base, Solana, Polygon, Avalanche, and others. Purchase eligibility for $USDC on Arbitrum is subject to applicable order conditions, and availability may vary by region.
For the Arbitrum ecosystem, the partnership represents a more direct path from fiat to on-chain activity, particularly for users in markets where access to centralised exchanges is limited or where local payment rails are preferred over card-based options.
Sources:Arbitrum Docs: USDC on Arbitrum OneUSDC.com: How to Get USDC on ArbitrumBanxa: On-Ramp and Off-Ramp Solutions
