Patrick Collison, co-founder of Stripe, stated that after joining Stripe, Privy's wallet assets increased by about 25 times, monthly active developers increased by about 3 times, revenue increased by about 9 times, and nearly $25 billion in monthly transactions were facilitated. Ramp, Deel, Klarna, Hyperliquid and other enterprises are building embedded banking functions based on Privy. Stripe is integrating Privy into Treasury, Link, and Connect, and plans to launch Link balance functionality. The Privy wallet infrastructure now supports AI agents such as Merit Systems and Nevermined to conduct transactions and earn income. Both parties are building a unified API to support stablecoin balances, fiat currency transfers, and bank card payments.
