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Jun 11 6 tweets 2 min read Read on X
1/ Today, we're proud to announce that Stripe is acquiring Privy.

We couldn’t be more excited.

Privy will continue as an independent product – but now we’ll move faster, ship more, and serve you even better, so you can stay focused on your users. Image
2/ We started Privy 3 years ago to make it easy for anyone to build better products on crypto rails.

That starts with better wallets.

At the time, wallets were powerful but inaccessible – built for power users and disconnected from real product UX.
3/ Privy abstracts that complexity away, making crypto feel like the rest of the internet:

✅ Simple
✅ Intuitive
✅ Instant

Today, we power 75M+ accounts across 1,000+ teams, enabling billions in transactions across wallets, apps, and users.
4/ Great infra is built working with great teams, eg:

📊 @HyperliquidX: reimagining trading
🐦‍⬛ @blackbird_xyz: rewarding loyal diners
🪙 @usetoku: paying a global workforce
📈 @farcaster_xyz: growing an open social graph

We’re more focused than ever on serving our customers.
5/ We’re just getting started.

From our earliest conversations with Stripe, they impressed us with their craft, ambition, and willingness to imagine new worlds.

Like us, they believe in bringing crypto and fiat closer together to change how value moves through the Internet.
6/ Joining forces accelerates our mission.

We’ll keep building for developers building on crypto rails—now with more resources, flexibility, and firepower.

Thank you for trusting us. We’re honored to build alongside you.
Onward.

Learn more 👇
privy.io/blog/announcin…

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More from @privy_io

Jun 4
1/ Introducing the Privy Python SDK 🐍

Manage embedded wallets server-side from your Python backend.

Automate wallet actions, move assets programmatically, and keep everything embedded in your UI.

Built for fintech, trading, and automation.

Learn more 🧵 Image
2/ With the Python SDK, you get full control over Privy wallets from your backend.

This enables:
🧾 Recurring payments
📈 Limit orders
🔁 Automated flows
🧾 Server-initiated transactions

All without waiting on user signatures.
3/ Every wallet operation is executed with enterprise-grade security.

This means:
✅ Keys secured in hardware enclaves (TEE)
✅Granular controls over what wallets can do
✅Delegated access, keep master wallet keys offline

Security that scales with your app.
Read 5 tweets
Feb 17
Crypto beyond trading products

1/ While trading products have been in the spotlight lately, builders are reimagining much more of the internet on crypto rails.

Today, we’re celebrating some of the most exciting projects across stablecoins, social, creator apps, and loyalty.Image
2/ Dollar access in emerging markets

Teams @zarpay_app, @go_karsa, and @useaccrue are using stablecoins to give users in emerging markets access to dollar-denominated value, offering a more stable alternative for saving and transacting.
3/ Social networks

@farcaster_xyz, @fantasy_top_, @KaitoAI, and others are rethinking social networks with decentralization and openness at the core. They’re unlocking a massive design space where a post in one app can live across multiple networked apps.
Read 6 tweets
Jan 13
1/ 2025 will be the year stablecoins take over.

From e-commerce to remittances, stablecoins are revolutionizing fintech.

Here’s how @usetoku is using stablecoins to improve global payroll for employees and contractors worldwide 👇 Image
2/ Global payroll, reimagined

Traditional payroll systems take days – or weeks – for international payments to clear.

Toku uses stablecoins like USDC to offer businesses a way to manage payroll where payments happen in seconds, not days, across the globe.
3/ Lower costs, better efficiency

Cross-border payroll often means currency conversion fees, wire transfer costs, and baking overhead.

Stablecoins cut out these middlemen, allowing Toku to provide drastically lower transaction costs compared to traditional banking.
Read 5 tweets
Dec 18, 2024
1/ Introducing server wallets 🌐

Building on our experience serving thousands of developers across millions of users, we're opening access to our embedded wallet cryptosystem

This means app backends can create/manage wallets via APIs so you can power money movement at scale!
2/ Server wallets combine enterprise-grade security and consumer-grade performance

Embedded wallets make it easy to onboard anyone to crypto. Server wallets expand on this to enable fleet mgmt of programmable wallets so you can give any customer/machine access to digital assets
3/ With server wallets, you get:

🤖 Bare metal APIs for managing onchain activity
⚙️ A policy engine for control over wallet actions
🆗 Approver quorums for m-of-n chain of custody
🏎️ <200ms signatures and four 9s availability

... and much more!
Read 6 tweets
Nov 5, 2024
1/ Launching delegated actions!

Privy now lets you prompt users so they can give your app the ability to perform specific actions on their behalf.

This unlocks wallet interactions like limit orders, subscriptions, conditional txs and more, all while keeping users in charge 🔒 Image
2/ Much of our work focuses on improving the UX of self-custody, helping developers build onchain experiences for everyone.

Today's launch brings a useful new primitive and is a great complement to work we are doing with session keys in account abstraction.
3/ While we're expanding the range of onchain experiences developers can build, we're keeping users in the driver's seat:

🎛️ Delegation always starts with explicit user consent
🛑 Delegation is always revokable
🙅 Privy cannot delegate permission on behalf of a user
Read 5 tweets
Oct 1, 2024
1/ Evolving Privy's brand

We've learned a lot since launching 2 years ago seeing 20M+ users onboarded and working with 2,000+ active devs.

One thing that remains true is our purpose: building flexible, secure tooling so devs can craft delightful experiences their users love.
2/ We've supported apps across many end-markets, from @HyperliquidX in trading to @PirateNation in gaming, @zora in social, and @blackbird_xyz in loyalty.

These customers, and many more, exemplify the broad range of novel onchain experiences we hope to power with our new brand.
3/ Here's what the new look means to us:

⚙️ Simple: The logo reflects how bare metal APIs serve as building blocks for Privy

🔒 Secure: Grids represent how we help devs power apps at scale

✨ Delightful: A visual identity to represent the unique/powerful UX built on our stack
Read 5 tweets

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