Circle CEO Jeremy Allaire says AI agents have no alternative to stablecoins and will conduct everyday activities with the tokens within as little as three years.
Within three to five years, billions of artificial intelligence agents that can work without human input will use crypto and stablecoins for everyday payments on behalf of users, says Jeremy Allaire, the CEO of stablecoin issuer Circle.
“Three years, five years from now, one can reasonably expect that there will be billions, literally billions of AI agents conducting economic activity in the world on a continuous basis,” Allaire said on Thursday at the World Economic Forum in Davos, Switzerland.
⚡️NEW: Circle CEO Jeremy Allaire says stablecoins are the only system that can support billions of AI agents transacting at scale. pic.twitter.com/Evt5PWY3Le
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BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more

