Stripe, the payment processing company, is getting into the cryptocurrency game with a new widget that makes it easier to buy crypto. The widget can be embedded in any product that uses web3, making it easy for users to enter their card information and acquire crypto that can be used in other applications.
This is a great development for the cryptocurrency industry, as it will make it easier for people to get involved in crypto without having to go through a centralized exchange. With this widget, users can simply enter their card information and purchase crypto without signing up to a crypto exchange. This eliminates the need to verify your identity before buying cryptocurrencies.
The most common use case for Stripe’s new widget is likely non-custodial wallets, which allow users to store their crypto assets safely from any centralized exchange. This makes it easier to interact with various web3 products, such as buying NFTs or using DeFi projects.
Stripe’s new fiat-to-crypto widget is a major step forward for the crypto industry, reducing the barriers to entry and making it easier for newcomers to get involved in cryptocurrencies. It’s a great development that will likely help drive more mainstream adoption of cryptocurrencies.
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