# Modern money management with Privy I Andrew Warner, Meghna Mehta - Channel: [ETHGlobal](https://streameth.org/ethglobal) - Date: 2026-08-09 - Duration: 18:12 - Topics: Privy, Meghna Mehta, Andrew Warner, ETHGlobal New York 2026, wallet infrastructure, embedded wallets, money management, stablecoins, deposit addresses, Privy Earn, agent CLI, AI agents, Claude, Codex, yield, Morpho, vaults, USDC, bridging, swapping, EVM, SVM, ephemeral signing key, policies, server-side signing, secure enclave, AWS Nitro Enclave, Shamir secret sharing, bring your own cloud, latency, Deel, Ramp, ENS, fintech, payments, financial infrastructure, skills, hackathon, workshop - Watch: https://streameth.org/watch/yt-gCJZhN1MohI - YouTube: https://www.youtube.com/watch?v=gCJZhN1MohI ## Description In this workshop at ETHGlobal New York 2026, Meghna Mehta and Andrew Warner from Privy present updated interfaces for modern money management and movement, plus the hackathon bounties. Meghna, a product manager who came from mining and years at Coinbase, and Andrew, a forward deployed engineer and former Privy customer who started in finance at BlackRock, introduce Privy as secure, scalable wallet infrastructure that lets you spin up embedded wallets in applications or server-side payments infrastructure. Privy has over 2,000 applications and 120 million users and processes around $15 billion a month in stablecoin and native currency transfers. They highlight three recently launched products: deposit addresses, Privy Earn, and an agent CLI. Andrew details the agent CLI and its skill, which gives Claude and Codex agents complete access to Privy's SDKs and APIs to fund wallets, send transactions, and sign messages while the developer stays in the loop controlling funding and access. Agents authenticate into an embedded wallet through a short-lived, per-transaction ephemeral signing key that can be revoked anytime, with policies to prevent malicious behavior or draining. Meghna covers deposit addresses (launched two weeks earlier): persistent per-user EVM addresses that let anyone send any asset on any chain, automatically bridging and swapping to a single canonical token on a canonical chain with no KYC or verification flows and broad asset support. She then covers Privy Earn, a simplified interface to leading on-chain yield providers like Morpho, letting you deposit, withdraw, and track balances via a single API call, with spending out of the balance coming later. She frames Privy as building financial infrastructure where wallets are just a starting point. In a long Q&A, they share exciting builders (Deel's stablecoin accounts paying contractors in Argentina with yield via a Morpho vault, and Ramp's business accounts), discuss potentially integrating ENS for easier send destinations, custom Earn partnerships, and the technical side of their roughly 20-millisecond server-side signing latency (down from 100), achieved by moving from client-side key reconstitution to a secure AWS Nitro Enclave with websocket infrastructure, parallelized pre-checks, and global regional coverage. They also explain Shamir secret sharing (splitting keys into shards reconstituted in memory then destroyed) and a bring-your-own-cloud option for institutional customers, and note Privy supports over 40 EVM and SVM chains. 00:00 Introduction 00:11 Meet Meghna and Andrew 00:56 What Is Privy 01:15 Privy by the Numbers 01:37 The Three Newly Launched Products 01:57 Introducing Privy Earn 02:22 The Agent CLI 02:44 How Agent Wallets Work 03:23 Staying in the Loop With Policies 03:47 Ephemeral Per-Transaction Signing Keys 04:06 How the Skill File Empowers Agents 04:26 Deposit Addresses Explained 04:41 Persistent Per-User Addresses 05:02 Automated Bridging and Swapping 05:23 No KYC and Universal Asset Support 05:54 Embedded Yield With Privy Earn 06:17 A Simplified Interface to Yield Providers 06:37 Deposit, Withdraw, and Track Balances 06:54 Why Wallets Are Just the Starting Point 07:17 Q&A: The Most Exciting Projects 08:01 How Deel Powers Global Stablecoin Accounts 09:05 How Ramp Uses Privy for Businesses 09:32 Q&A: Integrating ENS 10:38 Q&A: Custom Earn Integrations 11:19 Q&A: What the 20ms Latency Means 12:00 Moving to Server-Side Signing 12:39 What the 20 Milliseconds Covers 13:23 How Websockets and Enclaves Cut Latency 14:03 Global Regional Coverage 14:23 Q&A: Shamir Secret Sharing 15:42 How Key Shards Are Reconstituted 16:06 Bring Your Own Cloud for Key Storage 16:28 Q&A: How Many Chains Are Supported 17:36 Closing _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ *ETHGlobal New York 2026* This workshop is specifically for ETHGlobal New York 2026, a 3-day hackathon held June 12-14 at the Metropolitan Pavilion, bringing together the most skilled web3 developers, designers and product builders from all around the globe for a weekend-long adventure to advance the Ethereum ecosystem! Watch the full ETHGlobal New York 2026 playlist here: https://www.youtube.com/playlist?list=PLXzKMXK2aHh7MZ8T-ict6YshkFDw9WJCu _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ *Follow ETHGlobal* X: https://x.com/ETHGlobal​ Website: https://ethglobal.com YouTube: https://www.youtube.com/c/ETHGlobal _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Are you interested in Ethereum development and entrepreneurship?_ 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _