Ripple Partners With Stripe Unit Privy to Expand XRPL Wallet Support
Summary
- Ripple said it is partnering with Stripe subsidiary Privy to expand XRPL-based wallet services.
- The partnership will let developers easily integrate XRPL wallets, XRP, RLUSD and other digital assets into their applications.
- Privy said it also plans to support AI agent-based commerce, the x402 payments protocol, and network fee sponsorship.
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Ripple is expanding XRP Ledger wallet services through a partnership with Privy, Stripe’s wallet infrastructure subsidiary.
Crypto news outlet The Block reported on October 13 that Ripple and Privy will add XRPL support to Privy’s developer platform. The partnership will allow developers to integrate XRPL wallets into their applications without building separate wallet infrastructure.
Developers will be able to use Privy’s platform for wallet creation, management and transaction signing. The service will support XRP, Ripple’s dollar-pegged stablecoin RLUSD, and other digital assets issued on XRPL. With Privy’s embedded wallet technology, users will not need to connect an external crypto wallet or manage private keys directly.
The partnership also covers automated payments using artificial intelligence agents. Developers will be able to create XRPL wallets managed within their applications and design them so AI agents can hold funds and make payments. Support is also planned for the x402 payments protocol, which enables software and AI agents to automatically pay for online services.
“Stablecoins are changing how money moves, and XRPL was built from the ground up for payments,” Privy co-founder and Chief Executive Officer Henri Stern said. “We’re excited to bring Privy wallets to companies building services on XRPL, from global payments to AI agent-driven commerce.”
Privy’s wallet infrastructure will help fintech companies and developers apply XRPL more easily to real-world products such as payments, stablecoin services and AI agent-based commerce, RippleX Senior Vice President Markus Infanger said.
Privy also plans to add transaction policy controls and network fee sponsorship. The feature is intended to let developers set transaction conditions and permissions and pay network fees on behalf of users.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.