Stripe expands its encrypted territory and acquires wallet company Privy to accelerate the integration of the entire encrypted payment chain. On June 12th, Stripe announced the acquisition of Privy, a cryptocurrency wallet infrastructure company, with the transaction expected to be completed within a few weeks. Privy will continue to operate independently, and its embedded wallet supports users to open wallets without mnemonic words, greatly simplifying the entry threshold for Web3 applications http://Pump.fun 、 Hyperliquid and other platforms provide services, supporting over 75 million accounts in total. The CEO of Stripe stated that Privy's wallet capabilities will be integrated with the Stripe payment system and stablecoin platform Bridge, connecting the entire chain from creating wallets and storing assets on the user side to fund flow on the enterprise side. This is also another key layout of Stripe's encryption infrastructure, following its support for USDC and acquisition of Bridge in 2024. By 2025, Stripe has launched stablecoin accounts in over 100 countries worldwide, supporting businesses to hold USDC/USDB for international settlement. This move clearly indicates its intention: to become the preferred service provider for global enterprises to support encryption business. With the addition of Privy, Stripe has completed the encryption triangle layout of "wallet+settlement+stablecoin payment" and is fully integrating with the Web3 native financial scene.