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⚜️💢✨️ Mastercard and Visa Crypto news
Mastercard thru their Google partnership contributed Agentic AI Standards
Open standards are important to information technology, enterprise business and the world in general. The release of common good materials is important to enablement of all forms. This alliance unlocked technology for the FIDO alliance . The contributions come in two forms:
Google's Agent Payments Protocol (AP2) was developed and released in September of 2025. And Google went on to release this past week to further scale the technology and promote industry-wide innovation. Innovation on AP2 helps it remain platform-agnostic and community-led, from here forward.
Mastercard's verifiable Intent framework was co-developed with Google as an open standards based trust framework for agentic commerce. Creating a verifiable Intent creates a tamper-resistant record of what a user authorized when an AI agent acts on their behalf, establishing a shared source of truth across the ecosystem.
Innovation is critical to build faith in the use of Agentic AI across menial tasks to very large financial transaction. Security is just as important to ensure that users and Agentic AI can trust requests and handle the tasks assigned with confidence.
Visa joins up with WeFi
WeFi is a top-ranked stablecoin infrastructure firm. And their new collective partnership is about building banking services and onchain banks. So let's pump the brakes and understand all the terms here. As I was not familiar with onchain bank I had to look it up and it is as one would expect. Think of it as a blockchain-native financial system that delivers core banking services including custody, payments, lending, and asset management all through DeFi networks rather than centralized institutions. In this partnership, Visa brings that last 1/2 mile infrastructure to onchain banks. Here's another net new term IBAN (International Bank Account Numbers) already in use by 97 countries globally. Which defines an agreed upon system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors.
Blockchain is turning legacy finance networks and systems into relic's. Blockchain is unlocking all types of new applications for transactions and processes.
This partnership is designed to impact markets such as:
Asia
Europe
and Latin America initially.
If this partnership is to have impact in the USA they will have to adapt their offering for IBAN as the standard. To the US based Routing number and account number to garner the similar type of information of US clients.
Summary
Visa's global network depth is a natural extension for onchain banks and ancillary product offerings. While Mastercard and Google are ensuring industry wide innovation and security for all (human and agentic ai) built-in early not bolted-on later. As more and more Agentic AI transaction are being created users can rest easy knowing that their transactions are safe. Isn't that the level of 'trust' users have today when they tap their credit cards at checkout, trust?
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