The Bank of England warned on September 30 about financial risks from debt-funded AI investments amid rising sovereign borrowing costs. The 10-year US Treasury yield reached 5.29% on September 30, while the Federal Reserve raised its target rate to 3.75%-4% and the Bank of Japan set its overnight rate at around 1.25%. Bitcoin traded near $83,530, after reaching an all-time high of $125,000 and a low of $57,500 over the past 12 months. Lightning Labs released agent payment tools in February, and Mastercard announced new services to identify AI-initiated transactions. Bitcoin advocates argue that the combination of sovereign financing pressure and agent commerce presents an unprecedented opportunity for monetary adoption of the cryptocurrency.
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