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Google, PayPal Advocate Crypto Infrastructure for AI Commerce

Google, PayPal Advocate Crypto Infrastructure for AI Commerce

dimsumdaily.hk reports that senior executives from Google Cloud and PayPal told the Consensus conference in Miami Beach that future AI-driven commerce will rely on cryptocurrency infrastructure, which they argued is better suited than traditional banking for autonomous agent transactions. According to dimsumdaily.hk, Google introduced the Agentic Payments Protocol (AP2), described as an open standard now entrusted to the FIDO Foundation and supported by more than 120 partners, including PayPal. Per dimsumdaily.hk, PayPal executive May Zabaneh described PayPal’s stablecoin PYUSD as a programmable payment layer and cited internal research showing most merchants already see traffic from AI agents but few maintain machine-readable product…

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