Ripple and Stripe-owned Privy have partnered to add XRP Ledger support to Privy's wallet infrastructure. Developers will be able to create XRPL wallets and sign transactions involving XRP, RLUSD and other assets. Privy also plans to add policy controls and gas sponsorship over time.
Ripple and Stripe-owned wallet firm Privy have teamed up to add XRP Ledger (XRPL) support to Privy's developer platform. Developers can then add XRPL wallets to their apps without building the wallet infrastructure themselves.
Through the integration, developers will be able to create and manage wallets, sign transactions, and support XRP, Ripple's RLUSD stablecoin, and other assets issued on the network. Henri Stern, Privy co-founder and CEO and head of crypto and stablecoins at Stripe, said "Stablecoins are changing how money moves" and that Privy wallets will serve uses from global payments to agentic commerce.
How Privy's embedded wallets work
Privy's embedded wallets run directly inside an app, so users do not need to connect a separate crypto wallet. This can help fintech and payment companies offer stablecoin services without users managing their own private keys. Privy said users can still export their private keys and seed phrases to move their wallets to another service.
Stripe acquired Privy last year, but Privy continues to operate separately.
XRPL wallets for AI agents and x402 payments
Privy will also let developers create XRPL wallets that apps can manage. AI agents can use these wallets to hold funds and make payments, and the companies said the wallets will support x402 payments, which let software and AI agents pay for online services.
Markus Infanger, senior vice president of RippleX at Ripple, said Privy brings wallet infrastructure that makes it easier for fintechs and developers to bring XRPL into real products.
Privy said it plans to add policy controls and gas sponsorship over time. Those features would let developers set rules for transactions and cover network fees for users.
Source: The Block
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