Spritz Finance is detailing a new product feature the Web3 bill pay platform provider for decentralized finance (DeFi) users noted would
enable customers to directly pay bills from crypto wallets.
“Our Direct Wallet Pay release helps us bridge TradFi to DeFi in the most straightforward way possible by leveraging the world’s top crypto wallets and stablecoins like USDC (USD Coin) together,” Spritz Founder and CEO Chris Sheehan said. “This brings us one step closer to our vision of connecting every smart contract and crypto wallet to real-world utility and bringing web3 personal finance to more people with less complexity.”
According to global financial technology firm Circle, the company’s USDC is a dollar digital currency that has become a mainstay in DeFi and crypto capital markets, with over $56 billion USDC in circulation as of June 30, 2022.