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Madeleine Charity
@mads367
1/ How money moves onchain Blockchains enable faster, cheaper, borderless payments, but for years the complex tech stack held back simple UX. That’s changing. Today's blog unpacks how money moves onchain and the tools making crypto-enabled apps easier than ever to build 👇
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Madeleine Charity
@mads367
2/ Onramps 🤝 Getting money onchain used to be clunky and time-consuming, with users often abandoning the process. Now, onramps like Coinbase and Moonpay enable direct fiat-to-crypto conversions through standard payment methods like debit cards, credit cards, and Apple Pay.
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Madeleine Charity
@mads367
3/ Gas sponsorship ⛽ Onchain transactions require gas fees in the blockchain’s native token – a common blocker for new users. Today, tools like ZeroDev and OpenZeppelin let apps sponsor gas, allowing users to start transacting instantly without needing specific tokens first.
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Madeleine Charity
@mads367
4/ Bridging and swapping 🌉 Moving tokens across chains once required navigating complex bridges and many clicks. Now, tools like Relay and Decent offer cross-chain functionality with a single click – making onchain transactions as easy as ecommerce purchases.
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Madeleine Charity
@mads367
5/ This is one of the fastest changing parts of the crypto stack. At @privy, we focus on offering the best possible money movement tools to developers out-of-the-box so you can focus on building the best product for your users. Read more on how here https://privy.io/blog/money-movement-onchain
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