{"id":15676,"date":"2025-09-03T16:58:00","date_gmt":"2025-09-03T14:58:00","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=15676"},"modified":"2025-09-03T16:58:00","modified_gmt":"2025-09-03T14:58:00","slug":"galaxys-novogratz-predicts-ai-agents-will-dominate-stablecoin-adoption","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/09\/03\/galaxys-novogratz-predicts-ai-agents-will-dominate-stablecoin-adoption\/","title":{"rendered":"“Galaxy’s Novogratz Predicts AI Agents Will Dominate Stablecoin Adoption”"},"content":{"rendered":"

“`html
\n<\/p>\n

\n

Galaxy Digital’s chief executive Mike Novogratz stated that AI entities will soon rank as the primary consumers of stablecoins.<\/p>\n

In a discussion with Bloomberg released<\/a> on Wednesday, Novogratz mentioned that \u201cin the near future, the largest user of stablecoins is going to be AI.\u201d He anticipated that consumers could instruct an AI to purchase their groceries, enabling it to autonomously carry out the necessary transactions:<\/p>\n

\u201dYour grocery assistant, who understands your dietary preferences, knows whether you are on a diet, will determine what groceries to buy and from which sources.\u201d<\/p><\/blockquote>\n

AI agents<\/a> are self-sufficient software programs capable of sensing their surroundings, making choices, and taking actions to achieve objectives without constant human oversight. The key feature that sets these systems apart from the majority of contemporary AI solutions is their enhanced level of autonomy.<\/p>\n

Novogratz emphasized that such an agent would not \u201csend a wire instruction or a Venmo\u201d but would rely on stablecoin transfers. While he is uncertain whether such systems will be operational in one or five years, he foresees an impending \u201csurge in stablecoin transactions.\u201d<\/p>\n

Michael Novogratz. Source: <\/em>Wikimedia<\/em><\/a><\/figcaption><\/figure>\n

Related: <\/strong><\/em>$1M Bitcoin in 2026 would signal trouble: Galaxy\u2019s Mike Novogratz<\/strong><\/em><\/a><\/p>\n

Stablecoins are gaining momentum<\/h2>\n

Novogratz\u2019s comments come after reports indicating that stablecoin usage in transactions is rapidly increasing. Early June findings suggested that at least four tech firms, including Apple, X, Airbnb, and Google, were considering stablecoins as a method to reduce costs<\/a> and enhance international payments.<\/p>\n

Last month, global grocery powerhouse Spar declared support for stablecoin and cryptocurrency transactions<\/a> in its locations throughout Switzerland. In mid-June, e-commerce giant Shopify launched early access to stablecoin payments using Circle\u2019s USDC<\/a> in partnership with major US exchange Coinbase.<\/p>\n

By the end of July, payment corporation Visa broadened its stablecoin offerings on its settlement platform<\/a> by incorporating support for the Global dollar (USDG), PayPal USD (PYUSD), and euro Coin (EURC) stablecoins. A mid-May survey of 295 executives from traditional banks, financial entities, fintech companies, and payment gateways revealed that 90% of institutional players are utilizing or investigating the use of stablecoins<\/a> in their operations.<\/p>\n

Related: <\/strong><\/em>How to build an AI agent for crypto trading<\/strong><\/em><\/a><\/p>\n

AI agents are set to engage in Web3<\/h2>\n

Novogratz\u2019s comments regarding AI agents align with those from the Coinbase development team members, who mentioned that these systems \u201care set to become Ethereum\u2019s largest power users<\/a>.\u201d AI agents possess unique abilities compared to humans and interact with these systems in varied ways, warranting the requirement for specialized infrastructure and middleware.<\/p>\n

For example, Adrian Brink, co-founder of the Web3 AI agent infrastructure firm Anoma, recently asserted that such systems demand intent-based blockchain infrastructure<\/a>. This infrastructure utilizes user-defined objectives or desired results articulated at a high level, thereby avoiding unexpected transaction results.<\/p>\n

The decentralized AI agent infrastructure startup Kite AI recently secured $18 million in its Series A funding round led by PayPal Ventures<\/a>, bringing total funding to $33 million. An instance of an AI agent service integrated into Web3 infrastructure is Clanker, a decentralized application (DApp) centered around an AI agent that generates memecoins based on user inputs.<\/p>\n

\u201cClanker is an AI that issues crypto tokens for you,\u201d the DApp’s site stated. \u201cProvide a name and symbol, and it manages deployment, market establishment, and fee distribution automatically.\u201d<\/p>\n

According to early August reports, Clanker had generated over $34.4 million in fees for its users<\/a> by that time.<\/p>\n

Magazine: <\/strong><\/em>Train AI agents to enhance predictions\u2026 for token incentives<\/strong><\/em><\/a><\/p>\n