AI Agent · Stripe · Funding Round · The Block
Stripe acquired Privy last year, but it continues to operate separately
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Privy will also let developers create wallets on XRPL that can be managed by apps.
Key facts
- The Funding newsletter: Stay on top of the latest crypto VC funding and M&A deals, news, and trends with their free bi-monthly newsletter, The Funding
- Ripple and Stripe-owned wallet infrastructure firm Privy have teamed up to add XRP Ledger (XRPL) support to Privy's developer platform
- The integration means developers will be able to add XRPL wallets to their apps without building the wallet infrastructure themselves
- Stablecoins are changing how money moves, and XRPL has been building for payments from the start
Summary
Ripple and Stripe-owned wallet infrastructure firm Privy have teamed up to add XRP Ledger (XRPL) support to Privy's developer platform. The integration means developers will be able to add XRPL wallets to their apps without building the wallet infrastructure themselves. "Stablecoins are changing how money moves, and XRPL has been building for payments from the start. Privy offers embedded wallets that work directly inside an app, so users don't need to connect a separate crypto wallet. Privy said users can still export their private keys and seed phrases if they want to move their wallets to another service.