Fiat24 is the first bank to operate in a web3 manner. We open a Swiss crypto-friendly offshore bank account for clients from over 100 countries worldwide. Clients can not only use this account for traditional bank transfers but also directly convert crypto currencies into fiat within Fiat24's online banking platform. All cryptocurrencies are first exchanged through Uniswap into stablecoins, and as these stablecoins enter our smart contract, we credit the equivalent amount to the client's fiat account. All transactions are executed through smart contracts, and transaction records are booked on Arbitrum.