Over a Third of New Privy Developers Build AI Agent Wallets

Privy reports that over one-third of new developers who register for its embedded wallets are building wallets for autonomous AI agents. The company, which Stripe acquired in June 2025, makes wallets that run inside other companies’ apps and has added tools to let each agent hold and use its own account.

Privy introduced a command-line tool that assigns a distinct wallet to an agent so automated systems can transact independently. Debbie Soon, head of marketing at Privy, described the growth in agent-focused projects as one of the fastest areas of the developer base and provided the one-third figure for recent sign-ups.

Soon highlighted control and safety as the main engineering issues. She said developers need to allow agents to act on behalf of users while keeping those actions inside human-defined guardrails. The company is prioritizing work to move agent wallets from prototypes to production-ready systems capable of handling larger volumes and more complex use cases.

Privy continues to operate as an independent product after the Stripe acquisition, and its infrastructure is embedded across Stripe’s crypto stack. The acquisition widened the firm’s customer mix beyond crypto-native teams to companies that want crypto and stablecoin features without building complex integrations.

Privy now supports spending from wallet balances on the Visa card network in more than 100 countries. The engineering team is working on integrating elements of Stripe’s payment stack so some Stripe functions can run on crypto and stablecoins.

Regional demand for stablecoins is a driver of adoption. Soon pointed to Latin America as a strong market for consumer stablecoin use, citing local currency volatility. Privy also reports that stablecoin transfer volume has overtaken some older payment rails in specific use cases.

Privy’s embedded wallet model handles account creation, login flows and gas sponsorship for new users so end users do not need to manage traditional wallet complexity. As agent wallets gain traction, the company is focusing on governance, developer tooling and merchant integrations to support a wider set of projects.

Privy’s product work sits alongside offerings from other wallet providers that are adding agent-oriented tooling. Soon described a user experience goal where wallets become less visible to people, comparing the desired familiarity to how consumers view small retail balances: “I want people to treat crypto wallets the way they look at their Starbucks balances.”