Giddy, a self-custody smart wallet, is revolutionizing the way crypto enthusiasts interact with DeFi by incorporating Stripe, a leading payment provider, into its mobile app. This integration marks a significant advancement in making cryptocurrency purchases more user-friendly and accessible.
By collaborating with Stripe, Giddy is expanding the options for converting fiat currency to crypto. This partnership allows users to conveniently fund their self-custody wallets through various payment methods supported by Stripe, such as bank transfers, credit cards, and Apple Pay®. This initiative reflects Giddy’s commitment to simplifying the crypto acquisition process, catering to both new and seasoned crypto users.
Eric Parker, Giddy’s CEO, emphasized the challenges of buying self-custody crypto and expressed enthusiasm for the Stripe integration. He highlighted Stripe’s efficiency and ease of use, making it an ideal platform for rapid crypto transactions.
In a groundbreaking move, Giddy is also introducing native Bitcoin network support. This feature extends the capabilities of Giddy’s innovative multi-factor private key solution, which was previously limited to Ethereum, Arbitrum, and Polygon networks. Giddy’s wallet is distinguished by its unique security approach, wherein a user’s private key is divided into several encrypted parts, enhancing safety and recovery options.
The Giddy app is designed to be user-friendly, integrating various functionalities like purchasing, sending, trading, earning, and shopping with cryptocurrencies. Available on both the App Store and Google Play, the app aims to simplify the crypto experience for everyday users.
Founded in 2021 by Eric and Ethan Parker, Giddy is on a mission to democratize decentralized finance. The platform’s unique feature is its self-custody yet recoverable smart wallet, which ensures users maintain full control over their funds. Giddy’s integration with Stripe is a significant step towards making crypto transactions more seamless and accessible to a broader audience.
