Ripple has partnered with Privy, a wallet infrastructure provider owned by payments company Stripe, to bring embedded wallets to the XRP Ledger (XRPL), expanding support for digital payments. The arrangement places the ledger's developer tooling under the umbrella of one of the most prominent names in online payments, underscoring how conventional fintech infrastructure and public blockchain networks have been moving closer together. The development comes as accumulation by XRP whales increases despite continued selling pressure across the broader cryptocurrency market.

The integration, announced on October 13, allows developers building on the ledger to create wallets that support XRP, RLUSD, and other digital assets. Embedded wallets of this kind let users transact inside an application through familiar sign-in flows rather than managing separate keys or browser extensions, removing a long-standing barrier to mainstream onchain onboarding. XRP traded near $1.16 on November 8, raising questions about whether the token can recover toward the $2 level. Recent on-chain activity points to growing interest among large holders, though XRP has struggled to sustain upward momentum, with market analyst Ali Martinez reporting that whales accumulated more than 16.46 million XRP over five days.

Ripple and Privy Expand XRP Ledger Payment Infrastructure

Ripple's partnership with Privy introduces programmable wallet services designed for developers building financial applications on the XRP Ledger. The infrastructure allows businesses to create wallets, manage digital assets, and sign transactions without building and maintaining separate wallet systems. Wallet infrastructure has emerged as a distinct layer of the crypto stack, with specialized providers handling onboarding and key management so that application teams can concentrate on their core products.

According to Privy's official announcement, the integration supports XRP, Ripple's RLUSD stablecoin, and other XRPL-based assets. Users can access these services without manually managing private keys, while retaining the option to export their credentials.

The partnership also supports automated payments through the x402 payment standard, enabling AI agents to transact using server-side wallets. The standard builds on the web's long-unused HTTP '402 Payment Required' status code, attaching payments to ordinary web requests. These tools can support payments for digital services, including data access and computing resources, an approach associated with the emerging field of agentic commerce, in which autonomous software pays for the services it uses.

Markus Infanger, senior vice president at RippleX, said Privy's wallet infrastructure would help developers build payment applications on top of XRPL. The network has recorded more than eight million funded accounts and over $1 trillion in cumulative value transferred.

The integration follows other recent network developments, including an XRP Ledger security update addressing token permissions. Privy also plans to expand its services with transaction policy controls and network fee sponsorship, a mechanism that lets an application cover network costs on behalf of its users. The companies have not disclosed expected transaction volumes or projected XRP demand arising from the partnership.

Can XRP Price Reclaim $2 as Whales Accumulate?

XRP traded around $1.16 on November 8, according to market data, after retreating from approximately $1.34 during the preceding week. Despite the decline, large wallet holders continued accumulating tokens, based on Santiment figures shared by Martinez.

In a November 7 post on X, Martinez reported that whales purchased more than 16.46 million XRP over the five-day span. However, the buying activity has so far not reversed the broader downward trend in the token's price. Previous XRP price analysis identified $1.60 as an important resistance level.

Martinez has also pointed to a potential inverse head-and-shoulders formation, although the pattern remains unconfirmed; such shapes are watched by technical traders as possible reversal signals and generally require confirmation before being treated as actionable. A sustained recovery above $1.60 would bring higher resistance levels into focus, including the psychological $2 mark. From the current level of $1.16, XRP would need to gain approximately 72.4% to reach that target.

XRP/USD 3-day chart (Source: X)

Meanwhile, a recent XRP market analysis identified support for the token between $1.04 and $1.16. The same report recorded approximately $529,500 in net XRP ETF outflows between November 2 and 6, meaning withdrawals from XRP exchange-traded funds exceeded new contributions over that stretch. Weak ETF demand adds another challenge for buyers attempting to reverse the token's decline, though whale accumulation suggests some large holders have continued adding to their positions at lower prices.

Institutional investment products remain part of the wider XRP market picture, with asset manager GraniteShares delaying the launch of its leveraged XRP ETFs until November 30, a date that now stands as a near-term marker for institutional appetite for XRP exposure.

Martinez has separately identified $0.99 as the next potential support area to watch following XRP's breakdown below the midpoint of its trading channel. A further decline toward that level would place additional pressure on buyers attempting to defend the $1 mark.