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  5. Privy
Industry & Businessaka Privy walletaka Privy wallets

Privy

Privy is a Stripe-acquired wallet layer for holding crypto and stablecoins so apps and agents can store funds without building custody from scratch.

Ask Melo about this← all terms

Stripe's August 19, 2026 investor letter put Privy under fund storage as 'crypto/stablecoin wallets,' next to Open Standard (a new stablecoin). It listed the Privy acquisition alongside Bridge, Metronome, and the OpenRouter deal as the stack for an AI economy where stablecoins are treated as the native currency.

Related terms

StripeBridge (Stripe)Tokens as CurrencyCloud AIMetronomeAI Startup

Where Privy comes up

  • Stripe Says the Singularity Started January 1 — Here's the Actual Evidence
  • Stripe Acquires OpenRouter for $7 Billion: What Builders Should Know