‘Literally billions’ of AI agents to use stablecoins in 5 years: Circle CEO

Circle CEO Jeremy Allaire says AI agents have no alternative to stablecoins and will conduct everyday activities with the tokens within as little as three years.

Within three to five years, billions of artificial intelligence agents that can work without human input will use crypto and stablecoins for everyday payments on behalf of users, says Jeremy Allaire, the CEO of stablecoin issuer Circle.

“Three years, five years from now, one can reasonably expect that there will be billions, literally billions of AI agents conducting economic activity in the world on a continuous basis,” Allaire said on Thursday at the World Economic Forum in Davos, Switzerland.

Binance co-founder Changpeng Zhao shared a similar view on stage at the WEF on Thursday, saying the “native currency for AI agents is going to be crypto” and will do everything from buying tickets to paying restaurant bills.

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