Privy launches stablecoin card pre-built components

Decentralized wallet infrastructure service provider Privy has launched a stablecoin card prefab component. The project can be embedded into the cardholder experience within the application after a single integration, and it collaborates with Stripe to issue the stablecoin card. The official statement claims that it currently covers over 25 issuing markets, with plans to expand to over 100 by the end of the year.

Users can spend directly from their Privy wallet or DeFi vault balance without needing to pre-fund a separate card account. The issuing bank is Lead Bank, the project manager is Bridge, and Stripe provides the issuance services.