Google and PayPal told Consensus Miami AI agents will run on crypto rails as bank accounts remain inaccessible.
Summary
- Google Cloud’s Richard Widmann said at Consensus Miami that an AI agent cannot get a bank account due to both technological and regulatory barriers.
- PayPal SVP May Zabaneh called PYUSD a natural programmable layer for payments as the company treats AI agents as its next commerce channel.
- Google has launched the Agentic Payments Protocol AP2 with over 120 partners including PayPal, donated to the FIDO Foundation.
Senior figures from Google Cloud and PayPal told Consensus Miami on May 10 that the next wave of internet commerce will run on crypto…
