Why do you need my IBAN details to off ramp?

Why do you need my IBAN details to off ramp?

Off-ramp refers to converting stablecoin back to traditional currency. When you send EURC and receive EUR in your bank account, you're "off-ramping" back to fiat.

Off-ramp now →

We need a bank account from you in order to be able to redeem stablecoins for fiat. This is so we can send your withdrawal funds to your bank account. 
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You will not be able to complete a transaction without a bank account. Submit a ticket to change your registered IBAN now →