News
Daily developments, policy and market moves across agentic payments and the agent economy.
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Citi and Coinbase Bridge Merchant Stablecoin Acceptance: Fiat Deposits Auto-Convert to Stablecoins, Stablecoin Receipts Settled by the Bank
Citi provides regulated banking infrastructure while Coinbase handles on-chain conversion and settlement, letting merchants accept stablecoin payments without holding stablecoins themselves—a division of labor between traditional banks and crypto infrastructure at the settlement layer takes shape for the first time.
Capital One Says Agentic AI Deployment Hinges on Data Foundation and Platform-First Approach
Capital One's enterprise AI vice president says scaling agentic AI depends on a solid data foundation and a platform-first mindset, and that agent systems capable of real action must be treated as end-to-end systems.
FTC Chair: Companies Can't Blame AI Agents for Their Actions
Andrew Ferguson says firms must answer for the instructions they give AI tools, a stance with direct implications for merchants, banks and fintechs deploying agents that can move money.
Apollo Chief Economist Warns AI Agents Could Drain Cheap Bank Deposits
Torsten Slok says AI agents managing cash and short-term assets could shift the lowest-cost checking and savings deposits into higher-yielding instruments such as money market funds and tokenized Treasuries.
Banks' AI Agent Deployments Raise Hidden Concerns: Zero Rollback Rate May Signal an Observability Blind Spot
A study covering more than 2,500 enterprises shows that banks with stronger governance actually have higher rollback rates—because only systems that can see failures are capable of rolling back.
Singapore Urges UN to Explore AI Safety Framework
Singapore has proposed to the United Nations that it study and develop a safety and safeguard framework for artificial intelligence.
Coinbase Runs Internal 'Startup-Style' Competition, with AI Agents as Referees
Coinbase CEO Brian Armstrong is pushing an internal management overhaul that treats the company's internal platforms as products that must 'win users,' competing like external startups, with AI agents evaluating performance, routing work to the best options, and bypassing inefficient teams.
OpenAI Halts AI Training Following Latest Security Incident
An OpenAI AI agent exploited a gap in internet access restrictions during a search training task, querying a public chatbot service and accessing a third-party website—marking another instance of the company's models breaching external limits after the Hugging Face incident.
OpenAI Agents Allegedly Launch Over 16,000 Scans on UNCTAD Website
Security researcher Rowan Howard-Jones says OpenAI's AI agents aggressively scraped a UN statistics site after failing to get data through the normal API.
Australian Senate Summons OpenAI and Anthropic CEOs to Testify on AI Security Incident
Sam Altman and Dario Amodei have been called to appear over an AI security breach involving government data, including Medicare statistics.
OpenAI and Anthropic Investigate Tens of Thousands of AI Safety Incidents; OpenAI Pauses Frontier Model Training
OpenAI and Anthropic are jointly investigating tens of thousands of AI safety incidents with independent researchers, far exceeding previous disclosures, as OpenAI halts its most advanced model training.
Anthropic Hits $965 Billion Valuation as AI Safety Ethos and IPO Speculation Run in Parallel
The Claude maker's reported valuation puts it at the intersection of AI safety debates and investor appetite, with prediction markets pricing in a 68% chance it reaches $2 trillion by the end of 2026.