As AI agents begin transacting autonomously, stablecoins are emerging as the preferred payment infrastructure for machine-to-machine commerce.

This is not a crypto story anymore. It is a payments story. Furthermore, the next growth driver for stablecoins is not coming from traders or DeFi protocols. It is coming from AI agents.

Why AI Agents Cannot Use Traditional Payment Rails

Existing payment rails were designed for humans, not autonomous software. An AI agent pays for data feeds. It settles contracts across jurisdictions. It processes micropayments at speeds that ACH, SWIFT, and card networks were never built to handle. These systems assume a person initiated every transaction. As a…

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Billionaire investor Mark Cuban sold most of his Bitcoin (CRYPTO: BTC) holdings, saying the cryptocurrency “lost the plot” after failing to act as a hedge during the Iran war.

Yet, one analyst says Cuban got his facts wrong.

Cuban Claims Gold Ripped While Bitcoin Dropped During Iran War

Cuban had previously explained he bought Bitcoin as the best alternative to fiat currency losing value and believed it was a superior version of gold.

He argued that during the Iran war, gold skyrocketed to $5,000 while Bitcoin dropped instead of rising.

He pointed out that every time the dollar dropped, Bitcoin should have gone up because it would be cheaper for anyone around the world to buy. Instead,…

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Company Bought 11,542 Bitcoin At $118,522 Average Price

Trump Media originally purchased 11,542 Bitcoin for approximately $1.37 billion at an average acquisition price of $118,522 per coin. 

With Bitcoin trading around $77,341, the company is now down roughly $455 million on its holdings.

The latest transfer occurred during late U.S. evening hours according to blockchain analytics firm Lookonchain. 

This marks the second major movement, following an earlier transfer four months ago when the company shifted 2,000 Bitcoin valued at roughly $175 million with Bitcoin trading near $87,378.

The move comes just days after Trump Media withdrew its application for a spot Bitcoin exchange-traded…

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Galaxy Digital Head of Research Alex Thorn gives the CLARITY Act 70% odds of passing and says it could put Bitcoin (CRYPTO: BTC) “on a path to new all-time highs” if signed into law.

Nine Weeks Left To Pass Before August Recess

Congress has about nine weeks of session time left before the August recess, with 6 to 7 weeks of work needed to get the bill to President Trump’s desk, Thorn said in an interview with Cointelegraph on Thursday.

After August, very little gets done through the midterm elections in November.

The Senate Banking Committee advanced the bill last week on a bipartisan basis after Senator Ruben Gallego (D-AZ) and Senator Angela Alsobrooks (D-MD) broke ranks to vote…

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Once built around crypto trading, the company is accelerating its push into the stablecoin and asset management businesses as it chases a place in the next wave of digital finance

image credit: Bamboo Works

Key Takeaways:
Bitfire lost up to HK$245 million in the six months through March, nearly 19 times more than its loss a year earlier

The company is accelerating its expansion into the stablecoin and asset management businesses

According to the profit warning, issued last week, Bitfire said it expects to record a net loss of up to HK$245 million ($31.28 million) for the six months through March, the first half of its fiscal year. That represents a nearly 19-fold increase from a loss of…

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XRP Pulled $8.88M Latest Session, Bitcoin Lost $100.9M

XRP-linked funds pulled in $8.88 million in the latest session, extending a streak that includes $18.52 million on May 14 and $10.87 million on May 15. 

This contrasts sharply with Bitcoin ETFs, which lost $100.9 million in the latest session following redemptions of $648.6 million, $331.1 million, and $290.4 million earlier in the same stretch.

XRP held near $1.37, down 1% on the day. The daily structure shows price compressing between Supertrend at $1.3296 and the declining EMA cluster overhead at $1.40 to $1.48.

4,300 New XRP Wallets Created In 24 Hours

On-chain data show a sharp one-day spike of about 4,300 new XRP wallets, according…

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