a16z Crypto Partner: The integration of blockchain and AI will drive on-chain proxy payments

Golden Finance reported that on March 28, a16z crypto partner Guy Wuollet stated in Fortune’s Crypto Playbook program that the cryptocurrency industry is maturing and currently in the “shirt era,” not fully formalized yet, but has moved beyond the early stages. He pointed out that the dominant trend in the current cryptocurrency industry is Wall Street’s rapid adoption of blockchain, with traditional financial giants like BlackRock and Fidelity not only offering Bitcoin ETF but also embracing blockchain technology in the areas of stablecoins and tokenized stocks.
Wuollet also noted that the integration of blockchain and AI is laying the groundwork for on-chain agency commerce. He stated that a significant number of talents from the consumer-grade AI sector are entering the cryptocurrency industry because they believe that the first agency payments will occur on-chain, and Stripe also discussed agency payments in its annual letter. Regarding the potential fragmentation issue caused by different payment standards, Wuollet believes that AI models excel at understanding different systems, so this is unlikely to slow down the pace of adoption.