Haun Ventures CEO: An arms race is underway in the global payments sector, and AI agents will drive continued growth in demand for stablecoins.

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According to ChainCatcher, Katie Haun, founder and CEO of crypto venture capital firm Haun Ventures, stated in an interview with CNBC, "What's happening in the global payments space is essentially an arms race. Mastercard's acquisition of stablecoin infrastructure company BVNK this week for up to $1.8 billion officially marks Mastercard's entry into the stablecoin market. This is one of Mastercard's largest acquisitions ever. Stablecoins allow for the instant, frictionless transfer of digital dollars globally, which is a truly significant innovation. The current transaction volume in this sector is already $12.5 trillion, and we believe this scale will only continue to grow in the AI era."

On the regulatory front, Katie Haun stated, "This week, the CFTC and SEC jointly released guidance on the core issues of the crypto industry: what constitutes a security and what constitutes a commodity. I've heard the Senate Banking Committee is pushing forward a compromise, which could be announced as early as today, and I'm cautiously optimistic about it. However, the key issue is that Congress effectively has only three months left before the midterm elections, and they need to quickly push the CLARITY Act to a vote after the Easter recess." Regarding the integration of AI and blockchain, Katie Haun said, "AI agents will increasingly replace humans in completing transactions and payments. If you think AI agents will use the same payment systems as humans, I think that's a mistake. Agents need 24/7, global, instant settlement, and stablecoins are precisely the infrastructure being built for this new era."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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