Privy Enables Direct Spending of DeFi Assets via Stripe Integration
2026-06-30 17:11

Woofun AI reports that Privy, the wallet infrastructure provider for Stripe, has deployed a new capability enabling direct spending of assets held within decentralized finance protocols. Users grant Stripe authorization to withdraw stablecoins from these platforms specifically for payment transactions. Developers can leverage this mechanism to generate prepaid Visa debit cards, which are issued by a Lead Bank and managed by Stripe.

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Tags:
Privy
DeFi
Stripe
Lead Bank
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