Privy has partnered with Stripe to introduce a debit card that enables payments directly from DeFi vaults. This innovative card allows users to settle transactions in stablecoins, with Stripe authorized to withdraw shares from the vault upon card usage. The process includes redemption, unwrapping, and settlement without manual intervention, ensuring that user funds continue to earn yield until payment is made. Issued as prepaid Visa debit cards by Lead Bank, Privy has also opened early access applications for integration teams.
Privy and Stripe Launch Debit Card for Direct DeFi Vault Payments
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