The wallet company Stripe acquired grew its assets 25x in a year ๐ Traditional payments giants are quietly taking over the on-chain gateway.
๐ Stripe co-founder Patrick Collison revealed on X: More than a year after Privy joined Stripeโ
โข Wallet assets โ 25x
โข Monthly active developers โ 3x
โข Revenue โ 9x
โข Nearly $25 billion in transactions enabled each month
๐ Around the same time (CoinDesk, October 14): Ripple announced it was bringing in Privyโs wallet technology, allowing developers to embed XRP Ledger wallets directly into payment apps. Users can transfer assets like
$XRP and RLUSD without having to manage a wallet themselves. AI agents can also open accounts, hold assets, and make payments.
๐ง My take:
1๏ธโฃ Wallets are becoming โinvisible infrastructure,โ with stablecoins and payments by AI agents as key drivers of demand
2๏ธโฃ Stripe is building a unified API: stablecoin balances and yield, fiat on- and off-ramps, and card spending
3๏ธโฃ But Collison also acknowledged thereโs still a lot of integration work to do, so donโt equate growth multiples directly with a positive impact on token prices
โ ๏ธ Note: CoinDesk reported that new XRPL accounts must first deposit a minimum reserve of 1 XRP to activate.
At the moment,
$BTC is worth about $82,398 (CoinGecko, 24h +1.0%); the Fear & Greed Index is at 53, neutral.
๐ Which do you think will lead the next bull run: โpayments + stablecoinsโ or the โAI agent economyโ? Share your thoughts in the comments ๐
#Stripe #็จณๅฎๅธ #AIagents
Personal opinion only; not investment advice