Transak, the leading crypto payments gateway solution, has partnered with Privado ID, formerly Polygon ID, a leading provider of privacy-centric identity management, to provide a KYC sharing service that would improve the process of decentralized identity verification.

Transak, one of the leaders in Web3 payments infrastructure, has listed PayPal’s stablecoin, PayPal USD (PYUSD). This enables Transak users the ability to buy PYUSD using their preferred local payment methods.

Transak integrates Etherlink to amplify Web3 adoption by making it more accessible for everyone. Since its launch, Transak has been a strong advocate for financial independence — allowing users to manage their digital assets themselves by providing cutting-edge Web3 payment solutions, and supporting over 170 cryptocurrencies in more than 160 countries.