# Stripe is Buying Privy

*Author: Bankless*
*Published: Jun 11, 2025*
*Source: https://www.bankless.com/de/read/stripe-is-buying-privy*

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Stripe acquires crypto wallet firm Privy, enhancing its push toward payments powered by stablecoins and simplified user experience.

## **What’s the Scoop?**
- **Stripe's Latest Acquisition**: Stripe has acquired crypto wallet firm Privy, marking its second crypto-focused acquisition in recent months.
- **Privy's Specialization**: Privy provides wallet-enabled infrastructure with over 75 million accounts, simplifying crypto access by abstracting seed phrases and gas fees.
- **Strategic Fit**: The acquisition aligns with Stripe's growing emphasis on integrating stablecoin technology into global payment networks.