The stablecoin industry has been waiting for a use case to prove digital dollars can power everyday commerce, but companies building payment systems for AI agents are finding the answer is more complicated. Stablecoins may find a role in settling transactions behind the scenes, particularly for low-value transactions or those involving autonomous agents, but are unlikely to replace traditional payment methods in the near future.
“It’s over-hyped,” said Christian Catalini, a Massachusetts Institute of Technology professor who helped create Meta-initiated Libra stablecoin project, later renamed Diem. “If you think about agentic commerce, the most likely scenario is, the incumbents are going to dominate it.”
