Privy has launched a prebuilt stablecoin card component for its decentralized wallet infrastructure service. According to Foresight News, the project can be integrated once to embed a cardholder experience in-app and is issuing the stablecoin card with Stripe.
The company said the offering currently covers more than 25 issuing markets and plans to expand to more than 100 by the end of the year. Users can spend directly from a Privy wallet or DeFi vault balance without first moving funds into a separate card account.
Lead Bank handles card issuance, Bridge serves as program manager, and Stripe provides issuance services.