$NFT
Cooling DownSnapshot Window: 2026-07-17 07:30 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 13, Retweets: 1, Likes: 12, Impressions: 436
Verbatim Community Citations & Social Evidence 3 source posts analyzed
Coinbase CEO Brian on why AI agents will pay in Stablecoins? [Spoken audio]: Why does a asset that you deal with, say anything on the blockchain, win as a commodity of transaction for agent AIs versus another? Well, you know, I think AIs are going to use a variety of things. But the reason why I think stablecoins in particular and blockchain are well suited is that, you know, like an agent is going to have a hard time signing up for a credit card at a bank. And you have to show your ID, which only human beings currently can get this government-issued piece of paper. But an AI agent can spin up a self-custodial crypto wallet with stablecoins. And by the way, there should be a rupee stablecoin and everything. It can be fiat in country-specific. But the onboarding works without KYC, right? And know your customer rules, which are present for most regulated financial service businesses. And then the other thing is that the stablecoin rails have gotten very fast, cheap, and global. So for these small transaction amounts, you can send a payment anywhere in the world and under one second in one cent US. So we're seeing a lot of agentic commerce send small transactions, even a couple cents US, to gather, read this research paper, or get through this paywall, or just call another API query, that kind of thing. That doesn't really work with credit card rails, the small transaction amounts. The need for KYC in a way is both a good thing and a bad thing, right? Sure. Yeah, that's its whole own deep topic, I mean. Especially when an agent does not need KYC. Right. Well, that's the question mark, right, is those KYC rules are in place for good reason. They're trying to stop illicit activity. A lot of firms have looked at this and researched what has been the cost and the benefit of it. And there is a pretty high cost for all financial services with that type of regulation. There's some estimates that only, I think, about 1% of all illicit activity is frozen or seized as a result of AML activities globally. AML is anti-money laundering, as you know. So look, I mean, we're a regulated financial service business as well. We do this in the US and every country where we operate. And so we're happy to follow those rules as a regulated financial service business. But I think it creates such a high friction in the economy that it's like sending a WhatsApp message. It's free, instant, anywhere in the world. The number of WhatsApp messages per day, I think is in like the hundreds of billions or something. And when text messages cost 30 cents, there was only a one-one-hundredth of that amount. So it's kind of a question for agents on the internet, like how much friction do we want to introduce into the system? And there's trade-offs around that for sure. So this is every democracy around the world, I think, trying to figure out what the regulatory framework should be. That's something we've been working on in the U.S. as well, getting hopefully this bill through Congress in the next couple months, hopefully.
$JAMES not even pumped yet. gbusy
turning $2k into $300k sounds impossible, right? well, not to me. crypto gives you opportunities, it’s up to you to know how to take advantage of them. i bought $TENDIES a few days ago, and today Ii woke up to the satisfying surprise of seeing it explode to a $30M market cap.