Last week Stripe launched a product that will make fiat-to-crypto payments easier for Web3 businesses. The new offering is a customizable widget that can be integrated into a decentralized exchange, NFT platform, wallet, or decentralized application, and allows customers to buy cryptocurrency instantly on Web3 applications.

Currently, if consumers want to switch from fiat to crypto, they must buy crypto through a centralized exchange like Coinbase, Binance, Kraken (or FTX, once upon a time). They then need to transfer the crypto assets to a third-party wallet in order to purchase Web3’s services.

This content is exclusively available to Tearsheet Outlier members.

Getting lost? Subscribe today and receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters, and much more. Join Outlier now, just $49/month. Already a member of Outlier? Login to your account