Ripple Taps Stripe’s Privy to Bring XRPL Wallets to Apps

Ripple has partnered with Privy, the wallet infrastructure provider owned by Stripe, to bring embedded XRP Ledger wallets into third-party applications, Crypto.news reported on Oct. 13. The integration lets developers create and manage XRPL wallets through software, sign transactions, and build payment products around XRP, Ripple’s RLUSD stablecoin and other digital assets on the network.

The announcement also carried a figure Ripple has not previously put in front of this audience: the ledger has processed 13 million payments made by AI agents, which Ripple says now represent roughly 25% of network activity. Privy framed the deal as a way to push wallet functions inside services customers already use, so they do not have to handle cryptographic keys themselves, while developers retain control of the underlying blockchain operations.

Also readXRP Ledger passes 13M x402 AI payments, RippleX says

What Privy adds to XRPL

Privy, founded in 2021, supplied tools that let companies embed crypto wallets into their own platforms; its customer list at the time of Stripe’s acquisition included NFT marketplace OpenSea, loyalty platform Blackbird and employment company Toku. Stripe agreed to acquire Privy in June 2025, after its $1.1 billion purchase of stablecoin infrastructure provider Bridge. Under that arrangement, Stripe said Privy would keep operating independently, as Bridge did, and Bloomberg reported at the time that financial terms of the Privy deal were not disclosed.

Privy identified server-side wallets as the second half of the integration, aimed at businesses whose AI agents transact through payment systems such as x402. Markus Infanger, senior vice president of RippleX at Ripple, said Privy’s wallet infrastructure and XRPL’s settlement capabilities give developers a foundation for financial products that can scale, pointing to the ledger’s fast settlement, low transaction costs and native support for digital-asset transactions. Coinpedia and News.bitcoin both carry the same Infanger quote describing Privy’s infrastructure as a way to bring XRPL into real products, from payments and stablecoin experiences to emerging forms of agentic commerce. Privy co-founder and CEO Henri Stern said stablecoins are changing how money moves and that XRPL has been built for payments from the start.

Also readRippleX Ships XRPL AI Starter Kit v1.1 With Stripe and Tempo MPP Support

The reports agree on the core terms but differ in emphasis. Coinpedia is the outlet that spells out that users can export their private keys and seed phrases if they want to move funds to another wallet. News.bitcoin is the one that reports Privy plans to add transaction policy controls and gas sponsorship, giving developers greater oversight of automated transactions. Privy’s own account, cited across the coverage, puts the XRP Ledger’s history at 14 years, more than 8 million funded accounts and over $1 trillion in value moved — figures that do not appear in Ripple’s own confirmation of the partnership.

How this fits Ripple’s AI payments push

Ripple joined the x402 Foundation as a Premier Member on July 14 of this year, saying its XRPL tools supported AI-powered applications settling transactions in XRP and RLUSD. At the foundation’s launch, the Linux Foundation said it would oversee x402 under open governance after Coinbase contributed the protocol; Ripple’s July announcement named Stripe, Coinbase, Circle, Google, Visa and Mastercard among the Premier Members.

Ripple released an XRPL AI Starter Kit in June to help developers connect AI applications to the ledger, with support for software agents sending and receiving payments in XRP and RLUSD. Ripple-backed t54.ai also introduced an XRPL AI Hub with help from Ripple developers and the XRPL Foundation. On the institutional side, Standard Chartered said it was working with Ripple and LMAX Group on a collateral arrangement that would let institutions use eligible RLUSD holdings for trading while the tokens stayed in custody, a plan the bank said still depended on testing, final documentation, internal approvals and applicable regulatory requirements.

RLUSD supply stood near $2.5 billion as of a Sep. 26 report citing CoinMarketCap data, with DefiLlama figures in that report putting stablecoins on XRPL at about $1.19 billion, including roughly $1.10 billion in RLUSD. For U.S. holders, Ripple’s disclosures identify Standard Custody & Trust Company as RLUSD’s issuer under New York State Department of Financial Services supervision, with reserves in segregated accounts and monthly third-party attestations. Ripple’s terms state that RLUSD carries no Federal Deposit Insurance Corporation insurance or Securities Investor Protection Corporation protection.

Why it matters

The deal pushes XRPL further into the embedded-wallet model that Stripe has been assembling across its stablecoin businesses, meaning fintech developers can add XRP and RLUSD payments without building custody or key management themselves. That lowers the technical bar for the kind of small payment and automated agent transactions Ripple has been courting, and it puts a Stripe-owned company in a position to route developer traffic toward Ripple’s ledger rather than competing networks. It also deepens the overlap between Ripple’s payments strategy and Stripe’s stablecoin infrastructure at a moment when institutional custody of RLUSD is just starting to come online through Standard Chartered.

What to watch

Privy has said it plans to extend the integration with transaction policy controls and gas sponsorship, so the next concrete milestone is how those features ship and which fintechs adopt embedded XRPL wallets first. On the institutional side, Standard Chartered’s RLUSD collateral arrangement with Ripple and LMAX Group still needs testing, documentation and internal and regulatory approvals before it goes live.

Sources: crypto.news, Coinpedia, News.bitcoin