Privy has joined forces with Ripple to develop programmable wallets on the XRP Ledger, targeting fintech applications and payment systems powered by AI agents. The initiative will support digital asset transactions, while policy-based transaction restrictions and gas sponsorship are planned for a later stage.

In Ripple news, Stripe-owned wallet infrastructure provider Privy announced its collaboration with Ripple on October 13, 2026. The partnership aims to give developers the tools to integrate programmable wallets into applications built on the XRP Ledger (XRPL), supporting XRP, RLUSD, and other assets available on the network.

Privy reports that XRPL has more than 8 million funded accounts and has processed over $1 trillion in value transfers throughout its 14-plus years of operation. Rather than focusing solely on wallet connectivity, the collaboration combines embedded wallets for consumer-facing financial applications with server-side wallets designed to let software agents hold funds and make payments. The integration could also facilitate x402 transactions for digital services.

The development comes as XRP/USD trades at approximately $1.37, down 0.5% over the previous 24 hours. XRP has declined nearly 7% over the past seven days, although its daily trading volume has increased from $1.4 billion to $1.7 billion.

Ripple News: Privy Integration Brings Programmable Wallets to XRPL

Through the partnership, developers will be able to create and manage XRP Ledger wallets programmatically and use Privy’s infrastructure for transaction signing. The wallets are intended to support XRP, RLUSD, and other compatible ledger assets. Developers can also incorporate x402 payment flows into applications designed for automated commerce.

For fintech companies and payment providers, embedded wallets offer a way to integrate stablecoin payments into existing products without requiring users to manage private keys directly. Privy also enables users to export their private keys and seed phrases, helping them retain control of their wallets and move their assets when necessary.

The integration also targets emerging AI-agent payment applications. Server-side wallets could allow automated systems to purchase services such as API access, data, and computing resources. These transactions could operate through the broader x402 framework, which facilitates payments between software agents and online services.

However, the announcement does not identify companies currently using the new integration or disclose any figures for wallet adoption, transaction activity, or live deployments.

Ripple and Privy have emphasized the XRP Ledger’s fast settlement, low transaction costs, and ability to support stablecoins and tokenized real-world assets. These features could make the network attractive for developers creating financial applications that require efficient digital asset transfers.

Privy intends to expand the integration by adding policy controls and gas sponsorship. The company has not yet provided a confirmed launch date or detailed technical information about these planned features.

AI-Agent Commerce Becomes a Focus of the Ripple-Privy Partnership

Privy describes XRPL as a decentralized Layer 1 blockchain designed to support the movement and exchange of digital assets. Its announcement highlights the network’s more than 8 million funded accounts and over $1 trillion in transferred value accumulated during more than 14 years of operation.

The partnership supports two distinct wallet structures. Embedded wallets are integrated into financial applications, making digital asset services easier to access without requiring users to handle private keys for routine transactions.

Server-side wallets, by comparison, can be managed by applications to facilitate payments initiated by software agents. This approach could allow AI systems to pay for digital services automatically, provided the transactions are properly authorized.

Important questions remain about how developers will manage transaction permissions, monitor automated activity, and assign responsibility for payments initiated by AI agents. These concerns make the planned policy-control features an important part of the integration.

Privy’s documentation describes controls that can restrict transaction types, limit permitted payment destinations, and establish spending thresholds. These tools could help developers define the conditions under which automated wallets are allowed to operate.

As a result, the partnership’s long-term value may depend not only on making programmable payments possible but also on providing effective safeguards for automated financial activity.

RippleX Executive Points to Opportunities for Fintech Developers

Markus Infanger, senior vice president of RippleX, said Privy’s wallet infrastructure could help fintech companies and developers incorporate XRPL into real-world products more easily.

He highlighted potential applications in payment services, stablecoin experiences, and emerging AI-agent commerce. Infanger also cited the network’s fast settlement, low transaction costs, and support for transferring and exchanging digital assets as advantages for developers building scalable financial products.

For now, the announcement describes the intended capabilities of the partnership rather than confirming widespread adoption. Ripple and Privy have not published a list of participating customers or disclosed the number of wallets created and transactions processed through the integration.

The next development milestones include the planned introduction of policy controls and gas sponsorship. Until the companies provide further technical details and deployment dates, the integration’s actual adoption and its potential impact on XRP Ledger activity remain unclear.