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embedded wallets

Fireblocks
2026-10-21 22:30:23

Fireblocks Says Many People Are Already Using Crypto Wallets Without Realizing It

Fireblocks executive Itai Turbahn said many consumers are already interacting with crypto wallets without knowing it, as wallet infrastructure is increasingly embedded inside mainstream financial products. Speaking on Unchained Premium, Turbahn, VP of Embedded Wallets at Fireblocks and co-founder of Dynamic, described how Dynamic was built to let developers offer wallets without seed phrases, logins, or direct key management, and how that technology now sits inside Fireblocks. The discussion pointed to examples including Magic Eden, Circle’s bridge, and Fiserv’s bank-to-bank infrastructure as places where users may have encountered embedded wallets without recognizing them as such. Turbahn also outlined how stablecoin payment rails are being used in practice, including Cash App transfers reaching Western Union wallets in the Philippines and Papaya Global paying contractors in Argentina in 10 seconds. He said Fireblocks moves about $8 trillion annually and touches roughly 15% of stablecoin flows, which is why the company treats security as its core business. The interview also covered multi-party computation, transaction approval controls that scale with transfer size, regional preferences for USDC and USDT, and Fireblocks’ view that most people should not be overly concerned about quantum computing, even though the company monitors the issue closely.

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Fireblocks Says Many People Are Already Using Crypto Wallets Without Realizing It
Fireblocks
2026-10-19 13:56:26

Fireblocks expands Euronet partnership to launch stablecoin card issuance service

Fireblocks said it has expanded its partnership with Nasdaq-listed payments provider Euronet to offer a stablecoin card issuance service for financial institutions. Under the arrangement, banks, fintech firms and other institutions can use Euronet’s Ren and CoreCard issuing platforms to roll out white-label stablecoin card programs and embed them directly into their own banking or wallet apps. Fireblocks will provide the embedded wallet infrastructure used to hold and transfer the underlying stablecoin balances. Each cardholder will receive an embedded wallet when opening an account, and fiat top-ups will be converted into stablecoins before being credited. Fireblocks said end users will not need to manage seed phrases or use a separate crypto app, while merchants will continue to receive settlement in local currency. The company added that Euronet first began working with Fireblocks in October 2025, initially for partner settlement and prefunding in its cross-border payments business.

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Fireblocks expands Euronet partnership to launch stablecoin card issuance service
Ripple
2026-10-14 01:13:55

Ripple partners with Privy to bring embedded wallets and AI agent payments to XRPL

Ripple has entered a partnership with Privy, the wallet infrastructure company under Stripe, with plans to introduce embedded wallets and AI agent payment capabilities to the XRP Ledger, or XRPL. The update was reported by Odaily and attributed to Cointelegraph. Based on the source text, the announcement identifies the two companies involved, the wallet and payment functions being targeted, and the blockchain network where those features are expected to be deployed. The source does not provide a launch date, product timeline, technical rollout details, or any comment from either company. No additional information was disclosed in the input about how the embedded wallet integration will work in practice or how AI agent payments will be implemented on XRPL.

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Ripple partners with Privy to bring embedded wallets and AI agent payments to XRPL
Kraken
2026-07-27 12:20:57

Payward acquires Magic Labs’ embedded wallet business as company rebrands to Newton Labs

Payward, the parent company of crypto exchange Kraken, said on July 27 that it is acquiring the embedded wallet business of Magic Labs through an asset purchase. After the deal closes, the two companies will continue operating independently, while Magic Labs’ wallet customers will be migrated to Payward Services. Magic Labs will also adopt a new name, Newton Labs. Founded in 2018, Magic Labs said it has created more than 60 million wallets and provided embedded wallet services to more than 200,000 developers. Following the divestiture, Newton Labs will focus on building Newton Protocol, an on-chain financial authorization layer protocol. The company said the protocol’s mainnet beta went live in June 2026 and is designed to carry out compliance, security, identity verification and risk control before transactions are posted on-chain. Newton Labs added that VaultKit, its first product based on Newton Protocol, is aimed at helping institutional-grade custody solutions perform compliance and risk management before trade settlement. It said the product roadmap will later extend to real-world assets, stablecoins, and commercial and financial use cases involving AI agents. The acquisition also adds to Payward’s broader push in financial infrastructure, following its previously disclosed deals for Bitnomial, Reap Technologies and NinjaTrader.

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Payward acquires Magic Labs’ embedded wallet business as company rebrands to Newton Labs
Coinbase
2026-07-09 05:42:16

Coinbase Launches Embedded Wallets Beta for Developers with Unified API

Coinbase unveiled the beta version of Embedded Wallets on August 5, 2025, offering developers a unified API suite for wallet creation, fiat onramps, token swaps, and 4.1% USDC rewards. The self-custody wallets support Web2-style logins (email, SMS, OAuth), eliminating seed phrases. Free usage via Coinbase Onramp until September 30, 2025, targeting remittance, DeFi, payroll, creator economy, and gaming use cases.

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Coinbase Launches Embedded Wallets Beta for Developers with Unified API