Odaily Planet Daily reports: Privy has launched a pre-built component for stablecoin cards, enabling apps to integrate the cardholder experience with a single integration, in partnership with Stripe for card issuance. The service currently covers more than 25 issuing markets and is planned to expand to over 100 by year-end. Users can spend directly from their Privy wallet or DeFi vault balances without needing to pre-fund a separate card account. Lead Bank serves as the issuer, Bridge manages the project, and Stripe provides the issuance infrastructure.
Privy Launches Pre-Built Module for Stablecoin Card, Expanding to Over 25 Issuance Markets
KuCoinFlashShare
Summary
Privy announced a project update with the launch of a pre-built stablecoin card module, enhancing cardholder integration. Powered by Stripe, the service now operates in over 25 markets and aims to expand to 100 by year-end. Users can spend directly from their Privy wallet or DeFi vault balances without transferring funds. The Lead Bank issues the cards, Bridge oversees the project, and Stripe handles issuance. This development follows a DeFi exploit incident, underscoring the need for secure and scalable solutions.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.