Ethereum Layer 2 Immutable X Adds Crypto-to-Fiat Functionality in Its Latest Version

Immutable X users can now withdraw ETH funds directly to their bank accounts in U.S. dollars. The Ethereum Layer 2 solution Immutable X has added crypto-to-fiat functionality in the latest version of its software developer kit.

The new functionality is powered by the crypto fintech company Moonpay. The service is currently only available in the EU, U.K., and select U.S. states.