BlackRock believes artificial intelligence could boost demand for cryptocurrencies, contrary to the perception that AI has stolen the spotlight from crypto markets. In a recent report, the asset manager highlights that AI agents can plan and execute complex tasks as well as perform financial transactions, positioning digital assets as « machine-native money. » Stablecoins are particularly well-suited for automated payments due to their around-the-clock availability, unlike traditional rails such as ACH. BlackRock specifically mentioned Coinbase’s x402, Stripe and OpenAI’s Agentic Commerce Protocol, Google’s Agents Payments Protocol and Visa’s Trusted Agent Protocol. Additionally, the massive computing capacity required by AI models could lead to the tokenization of AI compute, potentially creating entirely new digital asset classes comparable to commodity markets.
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