In brief
- BlackRock’s new “Machine-Native Economy” paper argues stablecoins are better suited than banks or card networks to handle the sub-cent, 24/7 payments AI agents will need to make on their own.
- The report floats a new asset class: tokenized claims on computing power.
- A separate study from blockchain intelligence firm TRM Labs found AI agents currently account for as little as 0.6% to 7.5% of payment volume on Coinbase’s x402 protocol
BlackRock thinks the robots are going to need a bank account.
The world’s largest asset manager published a research paper this week arguing that artificial intelligence, not new regulation or fresh institutional buying, could become one of the biggest and most overlooked drivers of demand for crypto….






