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Ripple brings Stripe-owned Privy wallets to XRP Ledger

Ripple and Stripe-owned Privy are letting developers embed XRP Ledger wallets in payment apps, as agent payments on the network pass 14 million transactions.

Why it matters: The deal ties Stripe-owned wallet infrastructure to the XRP Ledger, a network where agent payments are growing but still move very small amounts.

InvestIn.News NewsDesk · 1 min read
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Picture from CoinDesk for: Ripple brings Stripe-owned Privy wallets to XRP Ledger
Image: CoinDesk
Original reporting: Shaurya Malwa, CoinDesk

Key points

  • Privy will handle wallet infrastructure so apps can move XRP, RLUSD and other XRP Ledger assets without users managing keys.
  • RippleX's J. Ayo Akinyele said more than 13 million agent payments via x402 were processed, about 25% of ledger activity.
  • The XRPL AI Hub showed over 14.3 million cumulative transactions across 169 merchants, but only about 6,991 XRP and 12,752 RLUSD in total payments.

Ripple is bringing Stripe-owned Privy's wallet technology to the XRP Ledger, letting developers embed wallets inside payment apps so customers can move XRP, the RLUSD stablecoin and other network assets without running their own wallet software, CoinDesk reports.

The integration could also let AI agents hold funds and pay automatically for online data and services.

The value moved is far smaller than the transaction count suggests.

New XRP Ledger accounts must still receive the network's minimum reserve of 1 XRP to activate, even for stablecoin-only use.

What to watch: Ripple and Privy said they will deepen the integration over time, adding policy controls and tools for covering users' network fees.

Read the full story on CoinDesk

Live updates on NewsFeeds:AltcoinsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of CoinDesk’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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