How Privy Is Making Crypto Wallets Disappear Inside Apps You Already Use Every Day

What if crypto wallets disappeared completely and you never had to think about seed phrases gas fees or blockchain addresses ever again? Debbie Soon is the Head of Marketing at Privy, the embedded wallet infrastructure powering over 120 million accounts across more than 1,000 developer teams including Klarna, Ramp, OpenSea and Hyperliquid, processing $15 billion in monthly volume. Acquired by Stripe in June 2025, Privy continues to operate independently while powering Stripe's crypto infrastructure strategy. In this conversation Debbie breaks down exactly how the invisible wallet layer works, why over a third of new developers on Privy are already building agentic AI use cases and what it means that some of the world's largest consumer platforms are quietly embedding crypto wallets into their apps. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ She explains: ◼️ Why crypto wallets have been the single biggest bottleneck preventing mainstream adoption and how Privy removes that friction completely ◼️ Why Privy grew from 25 people to 65 in just one year while processing $15 billion monthly across 120 million accounts ◼️ Why your Starbucks balance your Uber balance and your Amazon refund are already a simplified version of what a crypto wallet does ◼️ What Klarna with its half a billion users is building with Privy wallet infrastructure and why it matters ◼️ Why Ramp's 50,000 businesses are increasingly exploring stablecoin banking accounts powered by Privy ◼️ What treasury management on stablecoin rails actually means for a CFO managing working capital across multiple countries ◼️ Why over a third of all new developers signing up for Privy today are building agentic AI use cases ◼️ What actually changed after Stripe acquired Privy and what stayed exactly the same ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ [00:00] Intro [01:00] What Is Privy And Why Does It Matter? [02:00] Why Crypto Wallets Are Still The Main Bottleneck [03:30] How Embedded Wallets Replaced Seed Phrases [05:00] Why Your Starbucks Balance Is Already A Crypto Wallet [06:30] What Klarna Is Building With Privy [08:30] Ramp's 50,000 Businesses And Stablecoin Banking [10:00] How Stablecoins Are Eating Cross-Border Payments [12:00] What Treasury Management On Stablecoin Rails Means [15:00] What Changed After Stripe Acquired Privy [17:00] How Privy Fits Into Stripe's Crypto Strategy [19:00] Are AI Agents Ready To Spend Money? [22:00] How Privy Gives AI Agents Their Own Wallets [24:00] What Debbie Is Most Excited About In The Next Year ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Follow Privy: Website — https://privy.io X — https://x.com/privy_io ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BeInCrypto: 🔗 More from BeInCrypto: 👉 Subscribe: https://www.youtube.com/@Beincrypto 👉 BeInCrypto: https://beincrypto.com 👉 X / Twitter: https://twitter.com/beincrypto 👉 Telegram: https://t.me/+U8DQNp4b8Gw3YmZi ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ #PrivyWallet #DebbiesOon #StripeAcquisition #CryptoWallet #EmbeddedWallet #Stablecoins #AIAgents #Klarna #Ramp #BeInCrypto