Sushi partners with Transak for fiat crypto purchases 'from almost any country in the world'

Sushi has partnered with Transak to allow users "from almost any country in the world" to purchase more than 130 cryptocurrencies directly from the decentralized exchange's homepage.

The fiat on-ramp integration aims to let users buy crypto via credit card, debit card, Apple Pay or Google Pay, according to a statement. This cuts out the need to first use a centralized exchange for crypto purchases before swapping on Sushi's DEX.

Functionally, Sushi's website now features a Buy Crypto option at the top that directly links to Transak's payment page, where users can select their desired crypto and payment method.

Though the decentralized exchange itself doesn't necessarily require Know-Your-Customer checks to use, first-time Transak users will need to complete KYC to use it.

Transak joins Coinbase, Onramper, Moonpay, Binance, Crypto.com, Kraken and Simplex as fiat on-ramping solutions on Sushi.

Sushi's Easter Sunday hack

Sushi's integration with Transak follows a high-profile hack that struck the decentralized exchange on Easter Sunday. The exploit involved an approve-related bug on its RouterProcessor2 contract that resulted in the loss of some 1800 wrapped ether (worth $3.6 million).

In a post-mortem detailing the incident, Sushi core contributors apologized and reiterated that they "are fully committed to making all users whole."

The hack followed last month's news that the U.S. Securities and Exchange Commission served Sushi "head chef" Jared Grey with a subpoena. Grey then asked the platform's DAO to fund a $3 million legal defense fund.