Stablecoins, particularly USD Coin (USDC) issued by Circle, may evolve into the primary medium of exchange in a fast-advancing economy driven by autonomous AI agents. Circle CEO Jeremy Allaire highlighted the inefficiencies of traditional payment methods, emphasizing the need for a quicker, more cost-effective solution. Stablecoins maintain a stable value by being pegged to assets like the US dollar and are ideal for “machine-to-machine” transactions enabled by mature blockchain networks and smart contracts. As over 700 AI agent startups emerged last year, the demand for instantaneous, programmable payments grows. Companies like Stripe are adapting by integrating stablecoins into commerce solutions, reflecting a trend towards seamless financial transactions. With stablecoin market cap exceeding $310 billion and projections indicating a rise to $2 trillion by 2028, they could revolutionize global liquidity. Regulatory considerations loom, particularly in the US, as lawmakers debate frameworks for safe stablecoin use.
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