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I think of there being different categories: onramps that help you get into bitcon and offramps that help you get off of fiat.
Fold is one of the best onramps in the world, but it's not an offramp (yet).
I kinda see them being an offramp with how you can "push" your purchased BTC into your cash balance but for the most part yeah it doesnt really go back to fiat
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