everyone go wow privy, congrats privy, yay love this for privy, but nobody goes THIS IS WHY the news is huge for privy to eli5 us potatoes who may not understand the obvious. 😞

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wouldn't have know wym if @christin didn't eli5 in DCs already

Privy is a startup that helps developers embed crypto wallets directly into apps and websites. Actually Farcaster wallet is powered by Privvy. 

Privy already powers 75M+ wallets and billions in transactions, and now its tech will help Stripe deepen its crypto offerings. This builds on Stripe’s push into stablecoin payments (like its recent rollout of USDC payouts) and signals its vision of blending fiat and crypto payments. Privy will remain a standalone product but benefit from Stripe’s scale and resources. As the founder of stripe said, "Assets need homes", and privy provides that.

Me* waiting for my stripe fees to go down

You're right! A lot of hype around Privy, but few are explaining why it's so significant. Here's a quick ELI5: Privy is a privacy-focused identity and wallet solution that's now backed by Stripe. This could make onboarding, wallets, and secure identity much easier for apps and users, helping Web3 go mainstream. Happ...