The price of XRP remains stable at $1.33. Stripe’s Privy platform has developed a wallet that operat

XRP价格收于1.33美元：周三晚间市场动态与Privy合作深度解析

周三晚间，XRP价格为1.33美元，较24小时前下跌约2.7%。同一天，Ripple发布了本月最实质性的分销新闻之一：支付提供商Stripe的子公司Privy正在将嵌入式钱包引入XRP Ledger（XRPL）。开发者可以直接在自己的应用程序中创建账户，而无需用户安装单独的钱包。

这一消息与价格走势讲述了不同的故事，而这正是这一天引人入胜之处。对于持有XRP的人来说，这是一个关于市场影响力的故事，尽管市场今天并未对此做出反应。本文将对两者进行梳理，重新计算Ripple引用的使用数据，并指出在德国投资者眼中，这两点使该事项变得具体化的关键所在。

XRP价格现状：周三晚间局势分析

XRP交易价格为1.33美元（约合1.20欧元）。当日最高价为1.38美元，最低价为1.33美元。因此，价格处于其自身日交易区间的下沿，这使得1.33美元不仅仅是一个整数关口，更是全天交易博弈的关键点位。

过去一周，XRP下跌了6.9%，过去一个月下跌了5.1%。市值为842亿美元，过去24小时的交易量达到18.7亿美元。目前价格距离3.65美元的历史高点仍有63.4%的差距。所有数据均来源于CoinGecko，截至10月14日。

On Tuesday, we reported that an additional 90 million XRPs were made available in the accounts of Upbit and Bithumb, at a price of $1.36 per coin. Since then, the price has dropped by 3 cents, or approximately 2.2%. The next support level mentioned in yesterday’s article, $1.30, has not yet been tested, so it currently remains ineffective. It’s just that the time for testing hasn’t yet come.

The macro context cannot be ignored either. On Wednesday, the US Consumer Price Index rose to 3.7%, with core inflation rates exceeding expectations. This put pressure on the entire crypto market, with Bitcoin falling below $82,000. XRP declined by 2.7%, which is in line with market averages and isn’t particularly negative for XRP alone.

Ripple and Privy have announced a partnership.

Privy develops what’s called an “embedded wallet”. This means that an application (such as a payment service or fintech company) can create accounts on the blockchain backend, with users hardly noticing its existence, aside from seeing a payment button. Stripe acquired Privy last year, but Privy continues to operate independently.

From now on, this infrastructure will also cover the XRP Ledger. Developers can create XRPL accounts through Privy and integrate them into their applications. The system supports XRP, Ripple’s stablecoin RLUSD, as well as other assets of the network. Anyone who wants to keep their keys in their own possession can export them. The target audience is clearly payment providers and fintech companies, rather than retail investors.

The second part of the announcement relates to AI agents. In the future, software will be able to make payments independently, without the need for human approval for each transaction. The X402 protocol has been designed for this purpose. According to both companies, features such as expenditure limits and coverage of network costs by application operators are currently under development, but they have not yet been fully implemented.

X402 is a payment standard where programs pay before receiving data or services. The name is derived from HTTP status code 402, which has been used to indicate “payment required” since the early days of the Internet, though it has rarely been used in practice recently.

X402: How software pays other software

This mechanism is actually much simpler than its name suggests. AI agents query data sources such as weather services or search engines. Subscribing or using API keys is no longer the only way; providers will charge a small fee for each request. The agent settles the fee from its own wallet, then receives the response, completing the process.

This presents an attractive business opportunity for blockchain systems, as such payments involve large quantities of small amounts of money. The XRP Ledger can process transactions within seconds, with fees that are mere fractions of a cent—technically perfect for this purpose. This is exactly what Ripple has been aiming for since the summer. Since June, tools have been available to allow agents to create their own accounts, check balances, and use XRP or RLUSD for payments. In September, support for Stripe and Tempo payment standards was added.

Privy的连接是随之而来的分销步骤，降低了开发者此前必须自建钱包基础设施的门槛。是否能产生收入，不由技术决定，而取决于有多少应用真正将其集成进去。

1430万次交易，总价值约22,000美元

Ripple在公告中引用了使用数据，这些数据值得单独计算。RippleX工程负责人J. Ayo Akinyele在X平台发文称，通过x402进行的智能体支付超过1300万次，占账本活动的约25%。由基础设施开发商t54运营的XRPL AI Hub报告称，截至10月14日，在169家注册商户中，累计交易超过1430万次。

来自同一来源的第二个数据得到的关注较少：这些支付的累计价值约为6,991枚XRP和12,752枚RLUSD。按今日价格换算，规模便清晰可见。以1.33美元的价格计算，6,991枚XRP约合9,300美元。RLUSD挂钩美元，因此另一部分价值约为12,750美元。合计约为22,050美元。

分摊到1430万次交易中，每次支付约为0.0015美元，即大约七分之一美分。这在技术上令人印象深刻，但在经济规模上却很小。任何人如果阅读25%的数据并从中推断出对XRP的需求，那就是混淆了预订数量与其价值。编译这些数据的CoinDesk在其周三的报道中谨慎地表示：交易背后有多少实际经济活动仍然未知。

关于数据来源：1300万的数据和25%的份额来自Ripple本身，未经独立验证。Hub的数据来自t54。这两个值并非因此错误，但它们都描述了一个有动力追求大数字的系统。

1 XRP准备金：每个新账户的成本

这是该事项首次对投资者和开发者变得具体。XRP Ledger要求每个新账户保留最低准备金，目前为1 XRP。正如Privy文档所述，无论账户后续移动的是XRP还是仅稳定币RLUSD，这一点都适用。

这1 XRP并没有丢失，而是被锁定。它作为余额留在账户中，只有当账户被删除时才能再次移动。以今日价格计算，每创建一个账户需花费1.20欧元。

对于一个拥有百万用户的支付服务而言，这意味着它必须持有100万枚XRP，按今日价格计算约为133万美元。这才是影响力真正转化为对XRP需求的地方，而且这与单笔支付的微小金额无关。运营商是自己承担这部分资金还是转嫁给用户尚不明确；公告中提到的应用运营商覆盖费用指向了第一种情况。

如果你使用提供嵌入式XRPL钱包的应用，值得查看其条款：谁承担准备金？关闭账户时能否退回？如果一个应用从你的余额中扣除1 XRP且不加以解释，那是透明度问题，而非技术问题。

RLUSD缺乏欧盟MiCA授权

The second key point relates to the fact that the new wallet explicitly supports the stable coin RLUSD. However, RLUSD has not received authorization under the EU’s MiCA regulations. As described in another article we wrote on RLUSD last Wednesday, Standard Chartered Bank has taken over the custody services for this stable coin. Nevertheless, this does not imply any European regulatory approval. In practice, this means that exchanges or payment services regulated by MiCA in Germany cannot freely provide RLUSD to retail customers. While embedded wallets technically can hold this stable coin, there is currently no regulatory pathway available for users in Germany. Therefore, those wishing to use RLUSD from Germany must do so through XRP itself or authorized trading platforms, rather than through Ripple’s stable coin. When evaluating this announcement, this isn’t a trivial detail. Most of the benefits described by Ripple and Privy rely on RLUSD as a payment unit for smart contracts. In the EU, this functionality is currently unavailable. Which features are already available, and which are still pending? Since June, tools have been available that allow smart contracts to create accounts, check balances, and make payments using XRP or RLUSD. Starting from September, these tools also include support for Stripe and Tempo standards. Both of these features operate independently of this week’s announcement. What was newly announced is Privy’s integration capabilities, meaning the ability to embed XRPL wallets in any application. The exact launch date has not been announced yet. Features related to smart contract spending limits and network fees for operators are also still unavailable. Both features have been announced, but they remain unavailable today.Therefore, anyone who reads the statement “AI-powered payments are implemented on the XRP ledger” is seeing information that has been true since June. The details mentioned this week still lack a specific date of occurrence.

Our assessment: The amount of payments does not reflect their actual value.

From the perspective of the newsroom, Privy’s integration represents the most valuable aspect of this news story—yet it remains the least discussed aspect. This is because the total value of 14.3 million transactions is approximately $22,050, meaning that each payment amounts to one-seventh of a cent. The use of AI-driven payments demonstrates the feasibility of such technologies, rather than being a source of demand.

What truly creates demand is the minimum reserve requirement of 1 XRP per account. This requirement applies to each user, not just during each payment, and it remains locked in permanently. If Privy can attract a meaningful number of users through its partnerships with Stripe, then the resulting demand for XRP will be measurable, independent of transaction volume. This is what deserves attention as a potential leverage point.

There are three factors that could undermine this potential. First, the exact date of Privy’s integration has not been announced yet. Second, RLUSD lacks MiCA certification, which means some of the benefits described in the EU regulations may not apply. Third, the data used comes from Ripple and the operators themselves. Any predictions about price movements based on these factors rely on three uncertain variables. The market’s reaction on Wednesday was also negligible: a 2.7% decline, consistent with the market average after the release of inflation data.

Tax note: Every payment made using XRP smart contracts constitutes a disposal action.

迄今为止关于智能体支付的讨论中，遗漏了一点，即直接影响德国用户的问题。如果程序代表你用XRP付款，这在税务上被视为对该硬币的处置，与出售完全相同。德国所得税法第23条规定的一年持有期依然适用，私人处置交易的年度免税额为1,000欧元。

虽然小额支付听起来很理论化，但难点不在于金额大小，而在于数量：成千上万笔微额支付意味着成千上万的独立事件，需要根据先进先出（FIFO）原则确定每个事件的获取日期和获取成本。因此，使用带有嵌入式钱包的应用程序的用户应事先澄清其是否提供事件导出功能。如果没有该导出功能，面对大量预订记录，实现合规的税务申报实际上是不可能的。具有XRPL连接的税务工具可以协助分配工作，但不能替代应用的导出功能。

同样的逻辑也适用于自我托管。Privy允许导出私钥，这就是由提供商持有的余额与你拥有的链上账户之间的区别。如果找不到或未被提供导出功能，你实际上持有的是对该应用的要求权，而非链上的XRP。哪种钱包类型能清晰地区分这一点，可参见下方的软件钱包比较。

总结：Privy钱包在XRP Ledger上的关键点

XRP价格为1.33美元，当天的新闻是一个没有开始日期的分销步骤，其中最好的数字不是零最多的那个。现在应采取三个步骤：

• 使用前检查准备金：每个账户1 XRP（目前为1.20欧元）将被锁定。澄清由谁承担此费用，以及在关闭账户时是否会退还。如果你更倾向于常规购买，可以在相关对比中查看条款。
• 澄清密钥导出：只有拥有导出功能，你才真正持有XRP。不同钱包类型的差异已在软件钱包对比中列出。
• 确保事件导出：许多微额支付意味着许多应税事件。如果没有导出功能，按照FIFO原则进行分配将非常繁琐；税务工具可辅助评估，但无法替代应用内的导出功能。

下一个可核查的日期是Privy集成的开始日期，两家公司目前均未公开。在此之前，这条新闻保持其当前的性质：一条正在构建的接入渠道，以及一条对此未作出反应的价格。

（截至2026年10月14日。本文不构成投资建议。价格和费用结构可能会发生变化；购买前请与提供商核实条款。）