Alchemy and Privy, two major crypto infrastructure providers, are teaming up in an attempt to make onboarding into "onchain finance" more user-friendly, according to an announcement on Tuesday. 

In short, the firms are rolling out a technical integration of two complementary tools, enabling developers to more readily combine Stripe-backed Privy’s onboarding experience with Alchemy’s crypto transaction support into a unified stack.

"By combining Privy's user onboarding with Alchemy's gasless transaction infrastructure, the two platforms together make it easier than ever for developers to build onchain products that feel as simple as the best online experiences," the companies announced. 

The move comes amid rising interest in onchain finance, from tokenized versions of familiar products like money market funds, to novel applications of the U.S. dollar in the form of privately-issued stablecoins. 

Still, as Alchemy and Privy argue, actually using crypto crosses dozens of painpoints. "When users are moving money, every point of friction, from signup to signing a transaction, can drive drop-off and erode trust. They don't want to think about seed phrases, gas tokens, or chain IDs. They want to click a button and be done," they write. 

Alchemy is a widely adopted blockchain technology layer that can enable gasless transactions, so users do not have to pay transaction fees or hold a blockchain’s native token. It also abstracts away signatures, chain routing, and approvals, so users can complete transactions with a single click.

Privy, the non-custodial wallet infrastructure provider acquired by Stripe, will meanwhile power onboarding through easier-to-access embedded wallets and the ability to sign in via emails or social logins. 

"Together, the integrated stack takes a user from first-time signup to completing a transaction without the friction points that typically deter mainstream adoption," the firms noted.