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According to CriptoNoticias, the crypto fintech platform OfframpXYZ, targeting freelancers in Latin America, announced on July 1 that it is shutting down operations. Instant transfers and QR code payments have been disabled, while fiat deposits and withdrawals will stop on July 31, with the platform expected to finally close on December 31. OfframpXYZ previously offered services such as USD accounts and virtual Visa cards, allowing users to receive USD income through platforms like Deel, Upwork, and Fiverr. Developer Maximiliano Firtman criticized the lack of advance notice, stating that users only received email notifications more than 10 hours after the services were suspended.