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Fetch.ai Expands Automated Payment System for AI Agents
A breakthrough in practical applications of cryptocurrency has been announced. Fetch.ai has just deployed the first AI-to-AI payment technology, allowing AI agents to execute transactions completely automatically without human intervention. This is considered a foundation for building a future autonomous agent economy.
How the New System Works
Fetch.ai’s ASI:One platform enables AI agents to make reservations and payments for services continuously. For example, agents can automatically book restaurant tables through OpenTable or perform similar transactions. This AI coin system uses digital currencies USDC and FET (currently trading at $0.28, down 3.65% in the past 24 hours).
Leading Payment Partners
Visa handles payment processing, while Fetch.ai is responsible for ensuring KYC compliance and maintaining the highest security standards. This partnership is expanding with plans to integrate Mastercard in early 2026, indicating increasing interest from major financial organizations in this technology.
Control and Security Features
Users can configure their AI wallets with specific spending limits to control agent activities. This ensures agents operate within predefined boundaries, creating a balance between automation and risk management.
Vision for the Agent Economy
CEO Humayun Sheikh stated that this initiative is a milestone toward “the agent-first economy,” where AI entities can operate independently and transact with each other. This is not only a technical advancement but also a paradigm shift in how AI systems interact with the financial world.
This development marks a significant milestone in the cryptocurrency field, paving the way for automated and secure transactions between AI agents without human partners.