Search results for Privy
Crypto
Kraken launches Solana DEX trading on main app
U.S. cryptocurrency exchange Kraken has launched an on-chain DEX trading feature on its main mobile app. Users can use the feature to access thousands of tokens in the Solana ecosystem, The Block reported. Kraken said integrating DEX functions directly into its core app lets users access early-stage token markets without leaving a familiar environment or managing separate tools. The service is based on Privy’s embedded wallet technology and major Solana DEX protocols.
AI & Enterprise
Tech Insight: Stripe aims to remove crypto with stablecoin strategy
Stripe has expanded from stablecoin payments to launching its own blockchain mainnet, Tempo, but its strategy is to make crypto invisible to end users. Ethereum Foundation ecosystem lead James Smith (제임스 스미스) says Stripe is integrating crypto deep into corporate payment infrastructure so customers do not need to use terms such as wallet, gas, bridge or chain. Over the past 18 months, Stripe has acquired Bridge and Privy and opened the Tempo mainnet.
Crypto
Race for stablecoin payment infrastructure heats up
Competition among cryptocurrency and fintech companies over stablecoin payment infrastructure is intensifying. Tether launched Plasma and Circle introduced Arc, presenting blockchains dedicated to payments. Circle also released an Arc testnet, while Stripe-backed Tempo launched a mainnet for fast stablecoin payments. The firms are also expanding through acquisitions, including Bridge for $1.1 billion, wallet infrastructure company Privy and payments platform Metronome.