Privy, a decentralized wallet infrastructure provider, has introduced prebuilt stablecoin card components that let projects add a cardholder experience directly inside their apps through a single integration. The company said the product is being launched in partnership with Stripe for stablecoin card issuance. According to Privy, the setup currently covers more than 25 issuing markets and is expected to expand to more than 100 by the end of the year. Users can spend directly from balances held in a Privy wallet or in a DeFi vault, removing the need to preload funds into a separate card account. The issuing bank is Lead Bank, while Bridge serves as program manager and Stripe provides issuance services.
Privy, a decentralized wallet infrastructure provider, has launched prebuilt stablecoin card components, according to ChainCatcher.
The company said projects can embed a cardholder experience directly inside their apps with a single integration, and issue stablecoin cards through a partnership with Stripe. Privy said the product currently supports more than 25 issuing markets and is planned to expand to more than 100 by the end of the year.
Users can spend directly from balances in a Privy wallet or a DeFi vault without first moving funds into a separate card account.
Lead Bank serves as the issuing bank, Bridge is the program manager, and Stripe provides issuance services.
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