Salt Lake City, Friday, May 10, 2024 – Avalanche, the open-source blockchain network, announced its integration with Stripe, the Web3-based financial infrastructure, recently. 1
Retail customers can therefore directly purchase AVAX via Stripe without expecting support from an exchange.
The fiat-to-crypto onramp in Stripe is combined with Avalanche dApps of DEXes, NFTs, and digital wallets.
Core, the subsidiary of Avalanche developed by Ava Labs and partnered with Stripe’s Onramp, offers the accessibility of Avalanche for more assets.
Core users are eligible to choose Stripe Onramp to fund their wallets using ACH, debit, and credit cards.
It is reported that Stripe focused on the issues faced by Web3 companies when users do not have adequate funds to make transactions.
Several prominent partners in Avalanche, such as GoGoPool, Avvy, Pakt, ZeroOne, Halliday, and The Arena, have expressed their interest in joining with Stripe, according to the resource.
The Stripe widget projects would bridge the gap between Web2 and Web3 to onboard a new user base.
- avax.network :https://www.avax.network/blog/avalanche-integrates-with-stripe-for-crypto-onramping[↩]
