Stripe and Privy Partner to Provide In-App Crypto-Fiat Channel

CoinFeed reported on July 8 that, according to Stripe, wallet infrastructure provider Privy has integrated Stripe Crypto Onramp to handle payments, KYC, and compliance in the US and EU, enabling users to complete the entire process from registration to wallet top-up within the app. Privy stated that its global fiat onramp integration solution covers over 100 countries, with Stripe handling compliant on-ramping in the US and EU, and its own aggregator service covering the rest of the markets. Developers can integrate once to provide users with the ability to purchase crypto assets directly with card payments and deposit them into designated wallets.