XRP
Stripe subsidiary Privy partners with Ripple to deploy embedded wallets on XRPL
Infrastructure provider Privy has integrated with the XRP Ledger to support developer applications and automated agent payments across the network.
On October 13, 2026, Stripe-owned wallet infrastructure firm Privy announced a partnership with Ripple to introduce embedded wallet functionality to the XRP Ledger. The integration aims to allow developers to build fintech applications, automated commerce tools, and payments using XRP and Ripple's RLUSD stablecoin without requiring end users to manage private keys or mnemonic phrases directly.
Privy brings established infrastructure to the ecosystem, reporting more than 8 million funded accounts and over $1 trillion in processed value, though specific asset breakdowns were not disclosed. Ripple stated that automated software transactions already account for roughly 25% of ledger activity, representing approximately 13 million agent payments, though this figure lacks third-party verification.
Market performance remained muted following the announcement, with XRP trading near $1.36, marking an 8.0% decrease over the preceding seven days despite the infrastructure partnership.
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