Victoria d’Este
Printed: June 13, 2025 at 7:47 am Up to date: June 13, 2025 at 7:47 am
Edited and fact-checked:
June 13, 2025 at 7:47 am
In Transient
Jason Dominique discusses crypto’s journey, challenges, and options, together with ONCHAIN® Ramp, regulation, DeFi future, and Web3 adoption wants.
On this interview, Jason Dominique, Co-Founder and CEO of ONCHAIN® Labs, talks about his surprising path into crypto, beginning with early microtransaction experiments and ultimately constructing one of many first initiatives on Stellar. He explains the issues with present crypto onboarding, the constraints of custodial fashions, and the way ONCHAIN® Ramp is designed to simplify entry to on-chain property. Jason additionally shares his ideas on regulation, the way forward for DeFi, and what really wants to alter for Web3 to succeed in mainstream adoption.
Are you able to share your journey to Web3?
I’m a serial founder and entrepreneur. I’ve began many various companies over time. I stumbled into crypto by probability—or possibly out of necessity. Round 2016, we had been making an attempt to course of microtransactions in conventional finance. As you may know, that’s fairly laborious on account of mounted transaction charges. For instance, Stripe expenses 2.9% plus $0.30 per transaction. That $0.30 is a flat payment, which turns into unmanageable if you’re coping with funds below $1.
We wanted an answer that might scale back these charges to nearly zero. That’s after I found the Stellar Improvement Basis. They had been simply beginning out and constructing the Stellar blockchain. XLM didn’t even exist again then. There have been no stablecoins. We had been among the many first to construct on Stellar. That was my entry level into blockchain.
On the time, I didn’t see it as revolutionary. I handled it like every other expertise—only a instrument to resolve an issue. I didn’t revisit blockchain critically once more till round 2020 or 2021. That’s after I skilled DeFi as an finish consumer, and it actually clicked. Not like centralized crypto, which isn’t very completely different from TradFi, DeFi felt new. Permissionless sensible contracts and decentralization captured my consideration. That’s after I really grew to become engaged.
What challenges within the present crypto world and course of does ONCHAIN® Ramp deal with instantly?
The largest downside is how outdated and fragmented the present shopping for course of is. Within the early days, individuals purchased Bitcoin. Then got here the layer-one tokens. The custodial mannequin—the place resellers pool property and promote them—labored tremendous for that. However now, now we have layer twos, sensible contracts, and IDOs launching tokens instantly on-chain. Tens of hundreds of property are showing every month throughout chains. The custodial mannequin can’t scale with that.
What’s worse, most centralized exchanges and ramps right this moment solely perform as gasoline stations. Customers purchase ETH or some gasoline token after which use a DEX or DApp. The journey is extraordinarily painful. That you must create an account, cross KYC, purchase gasoline, switch it to a pockets, after which learn to use a DEX. It’s an excessive amount of.
ONCHAIN® Ramp solves this by letting individuals purchase what they really need, in a single step. No want for intermediate gasoline purchases, wallets, transfers, or advanced DEX operations. And for initiatives, we take away the gatekeepers. They’ll promote their tokens globally from day one with out relying on centralized listings. It’s a dramatic shift for each shoppers and builders.
What’s probably the most misunderstood a part of on-chain onboarding that you simply want customers understood higher?
I’d say the complete idea of “on-chain onboarding” is flawed. Customers shouldn’t want to know it in any respect. That’s the largest false impression—we assume individuals have to understand how the tech works. However they don’t.
When was the final time you needed to clarify to somebody store on Amazon? You don’t train anybody use Zara’s web site. It’s intuitive. That’s what crypto must develop into. If we do our job properly, individuals received’t even notice they’re utilizing blockchain. The infrastructure will shift, however the expertise will keep seamless.
Are you able to share insights into ONCHAIN® Ramp’s attain by way of supported international locations and currencies?
We’re focusing on world protection. At full rollout, ONCHAIN® Ramp will help 180 international locations, 80 fiat currencies, and over 70 fee strategies. Initially, we’re beginning with card funds. Then, we’ll steadily increase to incorporate all the opposite strategies over the next weeks. Stability and clean integration in every market are our priorities.
How is ONCHAIN® Ramp making ready for MiCA and the US regulatory shift?
We presently maintain a VASP license and are within the means of transitioning to a CASP, as required. Like everybody else, we’re adapting to evolving rules and plan to finish the shift in due time.
What’s probably the most shocking use case you’ve seen emerge out of your platform?
We’re not formally in-market but—launch is in about two weeks. However essentially, our platform allows initiatives to promote tokens instantly. So whereas there are not any reside user-generated use circumstances but, the core utility is already transformative.
What do you see as the best disruption in crypto onboarding within the subsequent three years?
I believe the largest shift shall be invisible to most customers. We’ve been quietly constructing a proprietary on-chain fee community, form of like a VisaNet for crypto. It permits real-time worth alternate between blockchains, abstracting away complexity. Consider how you employ a Canadian bank card in Dubai with out changing forex your self. That’s what we’re aiming to carry to crypto.
This fee community underpins ONCHAIN® Ramp. That’s why our product is so revolutionary—others can’t replicate it with out this infrastructure. We’ve been granted a U.S. patent for it lately.
The broader imaginative and prescient is to de-bank individuals. Within the subsequent 12–24 months, you’ll see the rise of on-chain banks—no legacy backend, simply sensible infrastructure. Folks will join what appears to be like like a neobank account, and all of a sudden they’ll be utilizing DeFi with out realizing it. Higher yields, quicker settlements, stablecoins, collateralized loans—it’ll all be native. And launching a neobank shall be far cheaper than right this moment, so that you’ll see a whole bunch, possibly hundreds of latest gamers enter the sector.
That’s how we stage the taking part in area. Entry received’t rely upon cash anymore, however on creativity.
Are you able to share the roadmap and upcoming options?
ONCHAIN® Ramp begins as a B2B SaaS instrument. Token-based initiatives and companies can subscribe, pay a flat month-to-month payment, and launch their ramp in a single day. It’s quick, predictable, and inexpensive.
For B2C customers, the ramp has our ONCHAIN® Pockets. Should you’ve by no means purchased crypto earlier than, you’ll get a pockets routinely. Quickly, we’re launching an Onchain Discovery Hub the place customers can discover hundreds of vetted property throughout completely different chains. It’s not a DEX or CEX—it’s a curated, accessible digital asset hub.
We additionally constructed an ONCHAIN® Clearing Protocol that screens property for safety and high quality, checking issues like liquidity, honeypots, bizarre capabilities, and so forth. This helps filter out scams, in contrast to DEXs, which really feel just like the Wild West.
And for initiatives, we’re including affiliate monitoring instruments. If a undertaking works with an influencer, they’ll now generate a novel referral hyperlink and share income in stablecoins. It’s like Shopify Collabs, however for crypto tokens.
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About The Creator
Victoria is a author on quite a lot of expertise subjects together with Web3.0, AI and cryptocurrencies. Her intensive expertise permits her to jot down insightful articles for the broader viewers.
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Victoria d’Este
Victoria is a author on quite a lot of expertise subjects together with Web3.0, AI and cryptocurrencies. Her intensive expertise permits her to jot down insightful articles for the broader viewers.
