Cryptocurrency & Blockchain
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Bernstein: Stablecoins Poised as Backbone for Agentic Payments; USDC Dominates Liquidity Race
Bernstein frames stablecoins as a practical plumbing layer for autonomous, software-driven payments while noting current agentic volumes remain immaterial. Key liquidity advantage sits with USDC , though early machine-payment statistics are noisy and require wash-trade and methodology adjustments; complementary product previews (Stripe, CoinGecko, Alchemy, Coinbase) and incumbent M&A are accelerating commercial and policy scrutiny.
