Privy

Veda is making the vault stack used by Kraken DeFi Earn and EtherFi's Liquid available as a self-serve API for developers on Privy. This integration targets Privy's 2,000-plus developer teams.

Stripe has been acquiring companies to build a centralized platform, including Bridge for stablecoin infrastructure and Privy for embedded wallets, and has built its own Layer 1 blockchain called Tempo. This has raised concerns about the lack of diversified infrastructure and potential difficulty in leaving the platform. Stripe now controls every layer of the crypto payments stack.

The Solana Foundation launched Pay.sh, a platform that enables AI agents to discover and pay for APIs using stablecoins on Solana. Additionally, Crucible, a fuzzing framework for Solana programs, was released to catch bugs in unit and integration tests. Digital asset accounts were also introduced on Solana by Privy and MAJORITY.

EURAU, a MiCAR-compliant euro-backed stablecoin by AllUnityStable, has launched on the Solana blockchain. The stablecoin enables instant cross-border payments, DeFi liquidity, and institutional-grade compliance, supported by ecosystem partners like Bullish, Privy, Hercle, and Transak.

Alchemy and Privy are launching a technical integration aimed at addressing challenges in onchain finance. The collaboration seeks to streamline user experiences and reduce friction in cryptocurrency usage.