Privy Expands XRP Ledger Wallets Into Payments as Network Records More Than 13 Million Agent Transactions
Key Facts
Privy announced a partnership with Ripple on October 13 to make its programmable wallet infrastructure available on the XRP Ledger, aiming to make it easier to build applications for payments and commerce through software agents. The company said: "We’re partnering with Ripple to bring Privy wallets to XRPL, making it easier for developers to build payment and agent experiences on the network." The integration lets developers create and manage XRPL wallets programmatically and sign transactions, as well as build products using XRP, RLUSD and other digital assets on the network. Marcus Infanger, RippleX’s senior vice president, said Privy provides wallet infrastructure that makes it easier for fintech companies and developers to integrate XRPL into real-world products. He added that these products could range from payments and stablecoin experiences to emerging forms of commerce managed by software agents. The announcement puts wallet tools at the center of efforts to develop payment use cases on the network, while some integration features remain planned for the future.
Embedded wallets let fintech and payments companies add stablecoin services to their apps without asking users to manage their own private keys, according to The Block. From the developer side, the wallets enable account creation and management, as well as transaction signing, providing a technical layer that can be built into existing products. Privy said server-side wallets can give software agents a way to hold funds and transact, including payments through the x402 protocol. This use case is part of growing interest in designing systems that let software execute transactions directly, alongside payment applications aimed at users. Ripple announced an AI starter kit for XRPL on June 9, including support for x402 payments using XRP and RLUSD for software agents. Ripple said the network has been operating since 2012 and that transactions settle in between 3 and 5 seconds.
Figures for agent activity on XRPL stand out alongside the partnership announcement. RippleX engineering head J. Ayo Akinyele said the network had processed more than 13 million agent payments through x402, equal to about 25% of ledger activity, according to CoinDesk in October. The dashboard of the XRPL AI Center, run by payments infrastructure developer t54, showed more than 14.3 million cumulative transactions across 169 registered merchants as of October 14. But total payment value recorded on the dashboard was about 6,991 XRP and 12,752 RLUSD. The figures show that the number of recorded transactions does not necessarily translate into significant financial value; CoinDesk described the amounts as far lower than the transaction count might suggest. The data offer an indication of reported activity levels while showing the value of assets recorded over the same period.
A new account on the XRP Ledger requires a minimum reserve of 1 XRP to activate, even if it is intended only for stablecoin transfers, according to CoinDesk. This requirement imposes an initial funding threshold on new accounts in addition to setting up the wallet itself. Any account designated for agent or stablecoin payments would still need to meet the stated activation requirement. Privy plans to expand the integration over time by adding policy controls and network fee sponsorship. The company said the controls will let developers set rules for transactions, while fee sponsorship will allow them to cover network costs for users. These capabilities remain planned, and the announcement does not specify a launch date.
The partnership with Privy comes as the company is linked to Stripe, which said businesses operating through its platform recorded total payment volume of $1.9 trillion in 2025, up 34% from 2024, equivalent to about 1.6% of global GDP. That figure covers the volume of business conducted by companies on Stripe and does not describe XRP transactions or XRPL payment volumes. Stripe said it acquired Privy in July and that its technology supports more than 110 million programmable wallets, according to an update the company published in February 2026. The connection gives Privy a presence within a broad wallet technology ecosystem, while the announcement itself focuses on making XRPL functionality available to developers. The announced roadmap includes developing tools for payments, stablecoins and agent-driven commerce, along with transaction controls and fee coverage that Privy said it plans to add later.