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Stripe-Owned Privy Sees a Third of New Developers Building AI Agents

Stripe-Owned Privy Sees a Third of New Developers Building AI Agents

BeInCryptoBeInCrypto2026/06/02 07:51
By:BeInCrypto
More than a third of new developers signing up for Privy are now building artificial intelligence (AI) agents, according to the crypto wallet firms head of marketing, Debbie Soon. The figure points to agentic finance shifting from experiment toward infrastructure. Privy, which Stripe acquired in 2025, builds wallets that sit inside other companies apps. Privy Bets on AI Agent Wallets In an interview with BeInCrypto, Soon said agent-driven activity has become one of the fastest-growing parts of the companys developer base. Privy serves a lot of agentic builders, she said, adding that over a third of new developers signing up for a privy account today are building for that use case. Privy released a wallet command-line tool, so each agent can hold its own account. Debbie Soon framed control as the core design problem, saying developers can enable the agent to act on your behalf but within human-defined guide rails. She stressed that the work is early, and that the priority is making sure it is not just something that works in a prototype, but how can it really work at production-ready scale? The push places Privy alongside rivals such as Coinbase and Trust Wallet, which have shipped their own agent-focused tooling. Stripe Deal Opens a New Customer Base Stripe announced its acquisition of Privy in June 2025, months after its $1.1 billion Bridge deal. Privy still runs as an independent product. However, its infrastructure is now largely embedded across the entire Stripe crypto stack and existing digital asset products. Soon said the tie-up has widened who signs up. The customer base was historically crypto-native, but a new group now wants the benefits but they dont really want to have to deal with all of the complexities of integration. The teams are exploring deeper product work. Users can now directly spend from their Privy wallet balances on the Visa card network in 100+ countries. The team is also currently working on integrating parts of Stripe products and solutions that can potentially run on crypto and stablecoins. Stablecoins and the Disappearing Wallet On payments, Soon pointed to regional demand, noting Latin America is one of the strongest adopters of stablecoins from a B2C standpoint, just because of more volatile currencies. Stablecoin transfer volume has since overtaken some legacy rails. Her stated goal is for the wallet itself to fade from view. Soon said she wants people to treat crypto wallets the way they look at their Starbucks balances, calling it nothing to be afraid of, but instead just a much more powerful version of it.
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