Privy's wallet asset scale grows about 25x and revenue grows about 9x more than a year after joining Stripe
Odaily reports: Patrick Collison posted on X that more than a year after Privy joined Stripe, its wallet asset scale has grown to about 25 times its previous level, its number of monthly active developers has grown about 3 times, and its revenue has grown about 9 times. It currently facilitates nearly $25 billion in transactions per month. Companies such as Ramp, Deel, Klarna, and Hyperliquid are building embedded banking features based on Privy. Stripe is integrating Privy into Treasury, Link, and Connect, and plans to launch a Link balance feature. Privy's wallet infrastructure already supports AI agents in conducting transactions and earning income. Stripe, together with Privy, Bridge, and other businesses, is building a unified API to support holding stablecoin balances and earning yield, fiat funding inflows and outflows, and arranging spending through bank cards.
