TheBlock
Ripple and Privy, the wallet infrastructure firm owned by Stripe, have partnered to add XRP Ledger (XRPL) support to Privy's developer platform. Developers can now add XRPL wallets to their apps without building wallet infrastructure themselves, creating and managing wallets, signing transactions, and supporting XRP, Ripple's RLUSD stablecoin, and other assets issued on the network.
Privy's embedded wallets work directly inside an app, so users never connect a separate crypto wallet or manage their own private keys. Users retain the option to export private keys and seed phrases if they want to move to another service. Privy co-founder and CEO Henri Stern, who now heads crypto and stablecoins at Stripe, said stablecoins are changing how money moves and that XRPL "has been building for payments from the start."
Why it matters
The deal plugs XRPL directly into Stripe's wallet stack at a moment when the payments giant is expanding its stablecoin business. Fintechs and payment companies building on Privy can now offer XRPL-based stablecoin services without users ever touching key management, which has historically been the biggest friction point in shipping consumer crypto products.
The integration also reaches beyond human users. Developers can create XRPL wallets managed by apps, letting AI agents hold funds and make payments, with support for x402 payments that allow software to pay for online services. RippleX SVP Markus Infanger framed the partnership as bringing "proven wallet infrastructure" to everything from stablecoin payments to "emerging forms of agentic commerce."
Market impact
For XRPL, the partnership lowers the build cost for any developer already in Privy's ecosystem, which spans consumer fintech apps and payment platforms. Ripple said Privy plans to deepen the integration over time with policy controls and gas sponsorship, letting developers set transaction rules and cover network fees for users, a common growth lever for consumer-facing apps.
Frequently asked questions
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What does the Ripple and Privy partnership do for XRP Ledger?
It adds XRPL support to Privy's developer platform, so developers can embed XRPL wallets in their apps for creating wallets, signing transactions, and holding XRP, RLUSD, and other network-issued assets.
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Do users need to manage private keys with Privy's embedded wallets?
No. Privy wallets work inside the app, so users never manage their own private keys, though they can export keys and seed phrases if they want to move their wallet to another service.
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How are AI agents involved in the Privy XRPL integration?
Developers can create XRPL wallets managed by apps, allowing AI agents to hold funds and make payments. The wallets also support x402 payments, which let software pay for online services.
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Why does Stripe's ownership of Privy matter for this deal?
Stripe acquired Privy last year and it continues to operate separately while Stripe expands its stablecoin and crypto business. The partnership routes Privy's fintech clients toward XRPL rails.
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What features will Privy add to the XRPL integration later?
Privy plans to add policy controls, letting developers set rules for transactions, and gas sponsorship, which covers network fees for users to reduce friction in consumer apps.
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