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Home News Solana Foundation: Has Processed 15 Million On-Chain AI Smart Contract Payments, Stablecoin Emerging as Default Settlement Instrument

Solana Foundation: Has Processed 15 Million On-Chain AI Smart Contract Payments, Stablecoin Emerging as Default Settlement Instrument

Solana Foundation: Has Processed 15 Million On-Chain AI Smart Contract Payments, Stablecoin Emerging as Default Settlement Instrument

BlockBeats News, March 26th, Vibhu Norby, Chief Product Officer of the Solana Foundation, stated at the New York Digital Asset Summit (DAS) that the Solana network has processed 15 million on-chain payments from AI agents, mainly used for machine-to-machine business interactions, with stablecoins becoming the default settlement tool for AI agent compute and services.

Norby pointed out that the programmable nature of AI agent payments gives it a unique advantage in the crypto payment scene and believes this trend will fundamentally change the commercialization model of the Internet, supporting microtransactions as low as fractions of a cent billed based on usage, something traditional payment rails cannot achieve. When AI agents choose a crypto payment method, Solana tends to rank high. It is expected that in the future, 95% to 99% of crypto transactions will be initiated by large language models, and the primary way users interact with crypto networks will shift to being done through AI agents.

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