Loopring is a blockchain protocol for Etherium Layer-2, built using zk-rollup. In other words, the company has come up with a system to reduce the commission, accelerate Etherium transactions. Advantages of the protocol: security, low fees for transfers, speed, commission for transfers inside Loopring (Ethereum Layer-2) is less than $1, almost instant transactions.

Loopring news today, LRC crypto latest news of token ticker

Loopring

Banxa

We are pleased announce our first fiat #Offramp on Loopring L2🔥

Thanks to our partners @BanxaOfficial - you can now sell #crypto directly from #Ethereum's second layer to your bank

Now in beta on our web app w/ more regions + devices rolled out soon⚡️
➡️https://t.co/hlnzpAqAjf https://t.co/E9uhM3dk20

We are pleased announce our first fiat #Offramp on Loopring L2.