Privy announced the integration of fiat deposits and payouts powered by Bridge into its API. Developers using Privy wallets can now accept bank transfers, automatically convert them to stablecoins like USDC, and send funds back to registered bank accounts, all through a single interface. The integration supports US ACH and wire transfers, SEPA for Europe, Faster Payments for the UK, and PIX for Brazil. Bridge also handles KYC and KYB verification on the backend, significantly simplifying regulatory compliance for developers. Stripe’s acquisition of Bridge earlier this year signals significant institutional confidence in this type of fiat-to-crypto infrastructure.
Source: Read the original article
