Stablecoins seen gaining from AI payments despite slow uptake: Bernstein
Stablecoins could benefit from the rise of AI-driven payments over time, even as early adoption remains limited and contested, according to a new report.
Stablecoins could benefit from the rise of AI-driven payments over time, even as early adoption remains limited and contested, according to a new report from Bernstein.
In a Monday note shared with Cointelegraph, the broker said stablecoins could help unlock machine-to-machine payments by making microtransactions viable and enabling programmable, conditional payments between software agents without a human in the loop.
But Bernstein said traction so far has been limited. The note said Stripe and Tempo’s machine payments protocol recorded about $5,000 in stablecoin volume in its first week, while Coinbase’s x402 protocol handled no more than $25 million over the last 30 days.