Privy Adds Fiat Onramp, Enabling In-App Crypto Purchases by Bank Card

Privy, a decentralized wallet infrastructure provider, has launched a fiat onramp feature on its platform, allowing users to buy cryptocurrencies by bank card directly within apps that integrate Privy. According to Foresight News, the feature is supported in the United States and the European Union through Stripe’s Crypto Onramp. Privy said it also combines its own aggregator to extend coverage to more than 100 additional countries and regions. The company added that developers can complete a single integration to enable funds to be transferred directly into a specified destination wallet.