Privy Launches DeFi Vault-Linked Visa Debit Card via Stripe on June 30

According to PANews, on June 30, Privy announced developers can now issue payment cards directly linked to user DeFi vaults. When customers make purchases, the transaction is settled in stablecoins through a single approval that authorizes Stripe to withdraw funds from the vault for redemption, unwrapping, and settlement, eliminating the need for manual withdrawal steps. User funds continue earning yield in the vault until the moment of spending. The card is issued by Lead Bank through Stripe as a prepaid Visa debit card.
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