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Privy by Stripe Introduces Support for Spending Assets in DeFi

On June 30, Stripe's wallet infrastructure, Privy, launched a feature that allows users to spend assets deposited in DeFi. Users will authorize Stripe to withdraw stablecoins from DeFi protocols for payment settlements. Developers can use Privy to issue spending cards based on this feature. The prepaid Visa debit card is issued by LeadBank, with Stripe managing the operations.

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