Privy is collaborating with Ripple to introduce programmable XRP Ledger wallets for fintech platforms and AI-powered payment applications. The partnership is expected to support new digital payment use cases, with additional transaction controls and gas sponsorship planned as the integration progresses.
According to a Ripple news announcement published on October 13, 2026, Stripe-owned Privy is working with Ripple to make programmable wallets available on the XRP Ledger (XRPL). The initiative will enable developers to build financial applications and AI-agent payment systems that support XRP, RLUSD, and other assets on the network.
Privy states that XRPL has surpassed 8 million funded accounts and facilitated more than $1 trillion in value transfers over its 14-plus years of operation. The partnership combines embedded wallets for consumer-facing financial products with server-side wallets that allow software agents to hold funds and execute payments. It also opens the door to x402 transactions, which can be used to pay for digital services.
The announcement comes as XRP/USD trades around $1.37, reflecting a 0.5% decline over 24 hours and a nearly 7% loss over the past seven days. At the same time, daily trading volume has risen from $1.4 billion to $1.7 billion.
Ripple News: How Privy’s XRP Ledger Wallets Will Work
The integration will allow developers to create and manage XRPL wallets programmatically while relying on Privy’s infrastructure to sign transactions. These wallets will accommodate XRP, RLUSD, and other supported ledger assets, while x402 payment functionality can enable applications to facilitate transactions associated with AI-agent commerce.
Fintech companies and payment providers could use embedded wallets to add stablecoin features to existing products without requiring customers to manage private keys themselves. Privy also supports the export of private keys and seed phrases, allowing users to retain control of their wallets and maintain portability.
Beyond traditional payment applications, the collaboration could support automated purchases made by AI agents. Server-side wallets may allow software to pay for API access, data, computing power, and other digital services through compatible x402 payment flows.
Despite these potential applications, the announcement does not disclose which businesses are using the integration or provide information about deployment levels, wallet numbers, or transaction volumes.
Ripple and Privy cite XRPL’s fast settlement, relatively low transaction fees, and support for stablecoins and tokenized real-world assets as advantages for developers building digital financial services. Privy plans to expand the integration with policy controls and gas sponsorship, but the companies have not provided a confirmed release date or detailed implementation specifications.
Programmable Wallets Could Expand AI-Agent Payments
Privy identifies the XRP Ledger as a decentralized Layer 1 blockchain built to facilitate the transfer and exchange of digital assets. The company highlights its more than 8 million funded accounts and over $1 trillion in transferred value as evidence of the network’s established activity.
The integration introduces two wallet approaches designed for different purposes. Embedded wallets operate within fintech applications, simplifying access to digital asset services by reducing the need for users to handle private keys directly during routine transactions.
Server-side wallets serve a different role by allowing applications to manage funds for software agents and facilitate authorized automated payments. This could help AI-powered systems purchase online services without requiring a person to approve every individual transaction.
However, questions remain about how developers will establish permissions, monitor transactions, and determine responsibility for payments initiated by AI agents. These issues make the planned policy-control features particularly important.
Privy’s documentation describes wallet controls that can limit transaction categories, restrict payment destinations, and set spending thresholds. Such safeguards could help developers define the boundaries within which automated payment systems are permitted to operate.
The planned policy layer suggests that the partnership is focused not only on enabling programmable transactions but also on giving developers tools to manage how those transactions are executed.
RippleX Highlights Potential Benefits for Developers
Markus Infanger, senior vice president of RippleX, said Privy’s wallet infrastructure could make it easier for fintech companies and developers to incorporate the XRP Ledger into practical financial applications.
He highlighted opportunities across payment services, stablecoin products, and emerging AI-agent commerce solutions. Infanger also pointed to XRPL’s rapid settlement, low transaction costs, and support for digital asset transfers as features that could help developers create financial products capable of scaling.
For now, the partnership announcement outlines intended functionality rather than demonstrating widespread commercial adoption. Neither Ripple nor Privy has revealed a customer list, the number of wallets created through the integration, or the volume of transactions processed.
The next phase is expected to focus on introducing policy controls and gas sponsorship. Until the companies publish further technical details and deployment timelines, the scale of adoption and the partnership’s broader impact on XRPL activity remain uncertain.
