Stripe has just developed a solution that will allow Web3 developers to easily manage their assets without having to go through crypto exchanges. Its customizable widget will easily integrate into DEXs, NFT platforms, dApps and all kinds of cryptocurrency wallets.
Stripe, for simplified cryptocurrency management
” Introducing a customizable and embeddable fiat-to-crypto on-ramp. »
To see his article dated 1er December, recent events in the crypto-sphere did not dampen Stripe’s enthusiasm in any way. The payment giant even took the opportunity to present a solution adapted to Web3 developers holding non-custodial wallets.
More optimistic than ever, Stripe clarified that this fiat-crypto conversion ramp is able to eliminate the complexity encountered by developers in terms of KYC, transparent payment experience in the use of their Web3 applications.
” The onramp is a customizable widget that developers can embed directly into their DEX, NFT platform, wallet or dApp. Stripe takes care of all KYC, payment, fraud and compliance operations, eliminating the need to integrate multiple third-party services says Jennifer Lee, product manager at Stripe.
How to take advantage of this deal?
For the sake of simplicity, Stripe has shared the 10 lines of code with which developers will be able to integrate this new feature.
At this time, the new ramp will only be available to US customers. Stripe has however promised to extend this widget to other users.
According to TechCrunch, this fiat to crypto widget from Stripe is similar to solutions that ZenGo and Argent have already come up with. MoonPay and Ramp support dozens of fiat currencies and span over 150 countries. Both also empower its customers with smoother experiences to switch between assets.
Of course, MoonPay, Ramp, and Stripe will charge percentages on card payments or bank transfers. Regarding Stripe’s widget, the client will nevertheless have access to more transparency during the conversion of assets.
Stripe says to himself ” enthusiastic about the future of crypto and Web3 “. Years of experience have effectively enabled him to optimize fiat-to-crypto conversion through this device. In any case, those who intend to integrate this onramp will certainly be entitled to several advantages. Among other things, they will be able to make flawless NFT purchases at Magic Eden, quickly recharge Ethereum via Argent or earn income on the Audius music streaming platform.
Receive a digest of news in the world of cryptocurrencies by subscribing to our new service of daily and weekly so you don’t miss any of the essential Tremplin.io!
