[PIP-13] Fiat on-ramp, off-ramp implementation

This proposal aims to allocate resources for developing an infrastructure to transact seamlessly between fiat and crypto on Popcorn, allowing users to bypass exchanges, bridges, and custody providers. This means users would be able to exchange fiat and cryptocurrency, and move money in seconds, via wire, ACH, or crypto.

Desired outcomes:

-On-ramp fiat and make deposits into the protocol -Off-ramp crypto and withdraw it as fiat back to a specified bank account -Initiate multisig transactions and approvals, using a built-in non-custodial wallet (web3auth) + gnosis safe

Approach:

-Partner with a vendor for implementation.

Options:

1. Transak - $5K limit on/off ramp. Transak is a Web3 onboarding infrastructure provider.

2. Thresholds - no limit on/off ramp. Thresholds is an is an on / off ramp for smart contracts. It is a bank account that allows web3 businesses to easily interact with smart contracts.

Budget: $25K in USDC

For more detail, please read the proposal on the forum.