Avalanche and Stripe Partnership Facilitates Fiat-to-Crypto Onboarding for AVAX Users

Avalanche's C-Chain network has partnered with payment giant Stripe, enabling users to purchase AVAX directly within Web3 applications using a widget provided by Stripe. The integration aims to address the "cold start problem" in Web3, where users may lack funds in their wallets to engage in transactions. Through Stripe's platform, users can convert fiat currency to crypto, with Stripe handling KYC, payments, fraud, and compliance processes. This collaboration aims to streamline onboarding processes for users and increase crypto adoption globally. Additionally, eight Avalanche Web3 applications have already integrated the widget, allowing users to seamlessly access AVAX and engage with various decentralised applications on the Avalanche network.