@albena
π‘ Mainstream companies are entering the race to dominate the machine economy.
McKinsey has estimated that by 2030, AI agents could mediate between $3 trillion and $5 trillion globally. And what asset do they prefer transacting in? You guessed it π€ @bitcoin
Last week, the long-awaited @tempoxyz blockchain, backed by payment giant Stripe and venture firm @paradigm, went live.
But along with the chain, the company introduced Machine Payments Protocol (MPP), an open payment standard designed to enable AI agents to pay for products and services independently.
MPP rivals @coinbase's x402, but the bigger news here is that MPP is already backed by behemoths like Visa, Mastercard, Anthropic, OpenAI, Revolut, and Shopify.
What does this mean? Finance incumbents are racing to integrate their payment infrastructures, but AI agents still favor the simplicity of Bitcoin.
Will that ever change? Only time will tell.
Check out the latest Web3 + AI Daily and subscribe π
https://web3plusai.xyz/daily_60