Original sourceStripe
Summary
Stripe announced that its Crypto Onramp can now complete USDC purchases in Samsung Wallet's stablecoin account, covering about 82 million eligible Galaxy devices in the US. Users can buy USDC with Samsung Pay, credit or debit cards, and ACH, while identity verification, compliance, and fraud preven…
Key points
- Explains how compliance responsibility for stablecoin on-ramps is assumed by payment service providers, offering a reference for teams evaluating wallet partnership models.
- Outsourcing on-ramp and compliance to established payment providers is a key step for stablecoins entering consumer applications.
- Teams developing wallet or fintech products can reference this division of labor: payment providers handle KYC and fraud, while brand owners handle the entry point and experience.
Editorial note
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