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

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.

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.

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.

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.

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

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 🔒 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.

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.

1/ Zora's new mobile app is a big deal

Imagine if you got paid every time people liked your posts on Instagram. And imagine if you could bring your content and follower graph to every other app by default.

This is what @zora's delivering by building onchain. Let's dive in! 2/ Zora is both a credible creator-first alternative to social media, and a fundamentally new onramp to crypto.

Creators just post and get paid. Collectors can load up their wallets with ApplePay and start minting. No crypto experience required.

Here's how they do it 👇

1/ Onchain in one tap with Telegram

With all the TG app activity we've seen since publishing our first integration guide in May, we've decided to go deeper!

In partnership with @anomalygamesinc, @frenpetonbase, @sofamon_xyz we're launching the most seamless way to get onchain! 2/ With our new seamless TG auth release, we're streamlining auth/wallet creation to a one step process.

All users need to do is launch a TG mini app and Privy will automatically create an account and generate a wallet.

Standard web-based auth/linking are available as well!

1/ Launching cloud-based recovery

You can now secure embedded wallet recovery shares with Google Drive!

Self-custody is a core crypto feature, and today marks our biggest UX upgrade on this front since launching embedded wallets.

We're continuously future-proofing wallets 🦾 2/ When wallets are created, we split the private key into three shares. 2/3 are needed to use the wallet.

📱 Device share
🔒 Auth share (Privy stored)
🤝 Recovery share (e2ee, only accessible to the user)

Users need to recovery share to access the wallet on a new device.