⚡ Privy integrates Bridge into the API, enabling users to deposit/withdraw fiat via stablecoins directly within the wallet.
Developers can receive bank transfers, automatically convert them to $USDC v, and send funds to accounts via three new endpoints: `/fiat/onramp`, `/fiat/offramp`, and `/fiat/accounts`. The system supports ACH, SEPA, Faster Payments (UK), and PIX (Brazil).
Why is it noteworthy?
Privy consolidates wallet management, KYC/KYB, and fiat-rails infrastructure in one place, instead of having to work with three separate partners as before. Bridge was acquired by Stripe, increasing confidence in payments.
Put simply:
One integration covers the entire lifecycle of moving funds between bank fiat and crypto—no need to build separate infrastructure.
#Web3 #CryptoNews
🔗 Source: Crypto Briefing
⚠️ Information is for reference only and not investment advice. Please do your own research before making any decisions (DYOR).
Developers can receive bank transfers, automatically convert them to $USDC v, and send funds to accounts via three new endpoints: `/fiat/onramp`, `/fiat/offramp`, and `/fiat/accounts`. The system supports ACH, SEPA, Faster Payments (UK), and PIX (Brazil).
Why is it noteworthy?
Privy consolidates wallet management, KYC/KYB, and fiat-rails infrastructure in one place, instead of having to work with three separate partners as before. Bridge was acquired by Stripe, increasing confidence in payments.
Put simply:
One integration covers the entire lifecycle of moving funds between bank fiat and crypto—no need to build separate infrastructure.
#Web3 #CryptoNews
🔗 Source: Crypto Briefing
⚠️ Information is for reference only and not investment advice. Please do your own research before making any decisions (DYOR).