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More from @privy_io

Privy

@privy_io

Jun 24

1/ Without strong auth, wallets are vulnerable, no matter how good the cryptosystem.

Privy’s embedded wallets protect access with 3 core levers:
1️⃣ Deep auth integrations
2️⃣ MFA + auth quorums
3️⃣ Policy-based defense in depth

Here’s how 🧵

2/ Every Privy wallet is generated inside a secure enclave and split by default (or can run on-device).

You choose how users authenticate to reconstitute the key:
✅ Privy auth (email, social, MFA)
✅ Third-party SSO (Auth0, Firebase, JWTs)
✅ Passkeys or custom signers in TEE

3/ Authentication is just the start.

Privy gives you fine-grained security controls:

✅ MFA (per session or action)
✅ Policy-based signing permissions
✅ Key quorums for multi-party approvals

Granular controls for real-world security.

Read 4 tweets

Privy

@privy_io

Jun 11

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.

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.

Read 6 tweets

Privy

@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 🧵

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

Privy

@privy_io

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.

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

Privy

@privy_io

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 👇

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

Privy

@privy_io

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

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