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1/ Every Friday, we ship to make building on Privy better. Today: we’re showing how Privy wallets + x402 + Stripe machine payments unlock agentic commerce with any Stripe merchant. Watch the demo walkthrough and try the starter repo. Here's how ⤵️

31,923 Aufrufe • vor 6 Monaten •via X (Twitter)

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I just watched a machine buy something on Stripe. No card. No human. No checkout. Stripe Dev shipped it yesterday — machine payments, live in preview. Commerce isn't designed for machines. --- We need to re-organize around that thought. It is designed for humans. He's right. Every fraud model, every auth flow, every billing system we've built assumes a person is on the other end. Agents break all of it. They need - Microtransactions. - 24/7 rails. - HTTP-native settlement (!!) - Finality guarantees. - No subscriptions. No accounts. - Pay at the point of consumption and move on. Cards weren't designed for this. Nothing was. --- So it needs to be completely rethought Now on Stripe Agents can now pay for API calls, compute, and data through the same PaymentIntents API millions of businesses already use. Settled in seconds. --- Stripe says billions the billions of humans will lead to trillions of agents. If even 10% of that plays out, machine payments become the fastest-growing payment category on earth. --- But here's the part that keeps me up at night — If every PSP builds its own proprietary agent payment flow, we repeat the same fragmentation mess that took human payments 15 years to sort out. We need internet native, IETF-grade, ready-for-scale standards that don't over-index on crypto. Protocols that work across any network, any rail, any provider. --- Stripe just proved the market is coming. Now we need protocols and infrastructure ready for scale. PS. Machine is a better word than agentic isn't it.

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Stripe’s strategy is to “win all the startups and then win them again.” I had a great time talking with Will Gaybrick. Will has held a broad seat at Stripe for more than a decade, joining as CFO in 2015, and today leading Technology and Business. This makes him the right person to explain how Stripe went from a simple payments API to a platform with ~25-30 banner products and 288 launches at its most recent Sessions event. Here’s what their strategy looks like: -Companies like DoorDash and Instacart started on Stripe when they were tiny and pulled the company upmarket as they expanded. -The fastest startups act as canaries for new product opportunities. Cursor surfaced a burgeoning problem of AI free-trial and token abuse; so Stripe built a token detection pipeline with the team in a weekend, and the resulting network now helps companies on Stripe’s platform block thousands of fraudulent trials daily. -Stripe keeps expanding the number of needs it serves inside each company, from Billing, Radar, and Tax to Managed Payments, Treasury, and stablecoin infrastructure. There is a large and timely lesson from Stripe which I strongly agree with: using AI solely to reduce cost is essentially going short your own company. Instead, companies should be using AI (and the tailwinds it creates) to ship more, serve users better, and create their next product line. And as Stripe continues to invest in agentic commerce, the company can move from processing a transaction to orchestrating the entire economic loop around it. The line between tokens and dollars is already blurring, and Stripe’s next mandate is to make moving between them as seamless and safe as moving between dollars and euros. A fun conversation about what it takes to build the next Stripe inside Stripe. a16z

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