PayPal and Google executives: The AI agent business era will rely on encrypted payment infrastructure

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Deep Tide TechFlow News, May 10th, according to CoinDesk reports, PayPal and Google Cloud executives stated that future AI Agent-driven business activities will operate on the encrypted payment track because AI Agents cannot use traditional bank accounts like humans. Google Cloud Web3 strategy head Richard Widmann said that AI Agents cannot directly open bank accounts at the technical and regulatory levels, while cryptocurrencies offer a “great machine-readable payment interface.” PayPal’s senior vice president of crypto business May Zabaneh pointed out that merchants need to adapt quickly to the AI Agent era, or they will miss the next round of business infrastructure upgrades.

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