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Speaker A
Next story. Ripple News, Privy partners with Ripple for its XRP Ledger wallets. What does that mean?
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Speaker A
Ripple is making XRP ledger wallets easier to build into apps. This is a partnership with stripe owned privy, which means users could send XRP or Ripple Ripple's dollar stable coin RLUSD without setting up a separate crypto wallet at all. It also lets AI agents hold funds and automatically pay for services. Obviously, this matters because it's once again fewer steps to use crypto payments. Right now, this is not a big use case on Ripple and RLUSD. It's about 7,000 XRP and 12,750 RLUSD combined. It's activity, but not evidence of massive money moving, but they are preparing to abstract away the complexity of crypto.