Digital asset banking is a modern financial model where customers hold, send, and manage balances denominated in stablecoins and other digital assets through a banking-like experience with real time global settlement, integrated yield, and programmable spending controls.

Stablecoin banking settles transactions in seconds rather than days, operates globally without country by country banking infrastructure, reduces intermediary and FX costs, and enables programmable financial products like integrated yield and instant cross-border transfers.

Yes, Privy supports fiat on ramps through bank transfers, cards, Apple Pay, and Google Pay across 48+ currencies, converting deposits into stablecoins and delivering them directly into the customer’s user wallet.

Customers can spend directly from their stablecoin balance using physical or virtual Visa cards that convert stablecoins to fiat at the point of transaction, so users spend at any Visa accepting merchant without manually converting first.

Yes. Privy’s Earn API connects balances to integrated yield providers, including Morpho, Aave, and Veda vaults, allowing customers to earn on idle stablecoins while keeping funds available for spending, transfers, and withdrawals.

Privy supports non-custodial, developer controlled, and custodial wallet deployments through a single API. You can serve custodial and non-custodial accounts side by side and evolve custody models over time without changing your integration.

Transfers move over stablecoin rails with native support for cross chain bridging and stablecoin conversion. Privy handles routing between chains and assets, enabling global money movement that settles in seconds rather than days.