Cryptobank Anchorage is launching a up-to-date agent banking service in an effort to give AI agents the ability to access and move money without human intervention – an industry its co-founder says could be worth a trillion dollars.
WX post on Tuesday, Anchorage co-founder and CEO Nathan McCauley said the company’s up-to-date agent banking infrastructure gives AI agents the ability to access both customary finance and cryptocurrency payment rails.
Blockchain and technology companies are rushing to prepare for the future of agent trading. Companies like Stripe argued in February that blockchains would eventually need to process 1 million to 1 billion transactions per second to handle network demand from AI agents.
“Institutions are experimenting with automating finances, payments and orders, but they are doing so on systems that were never designed for non-human entities,” McCauley said.
The up-to-date banking service will provide AI agents with a verifiable ID to conduct transactions, pre-set spending limits, permissions and policies, as well as audit-enabled features to maintain regulatory compliance.
The launch was accompanied by a partnership with Google Cloud, which will provide an intelligence layer enabling AI agents to “discover, negotiate and coordinate” with each other.
Source: Nathan McCauley
Ripple Labs researcher and former head of product marketing Oliver Segovia he said the transaction also reflects a changing trend in which technology labs and regulated banks are working more closely together.
“Hyperscalers have typically viewed banks as tier-one enterprise customers, but we will start to see more alliances in the future as labs delve deeper into regulated infrastructure and banks build intelligence on top of the underlying systems,” he said in a post on X.
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Speaking at the Consensus 2026 conference in Miami on Tuesday, McCauley argued that the sector will be one of the most critical “trends of the next decade.”
“In my opinion, this will be a trillion-dollar industry with agents paying each other, agents paying sellers and agents getting paid,” he said.
This is not the only agent financial product recently implemented in cryptocurrencies.
On Tuesday, the Solana Foundation fired up-to-date gateway service on Google Cloud allowing AI agents to pay for any APIs using stablecoins on Solana.
On April 30, Tether-backed startup Oobit released a virtual card powered by Visa, enabling AI agents to make online purchases using USDT for businesses without the need for human interaction.
The cards are funded in USDT directly from the Tether vault, allowing agents to continue drawing on capital without having to top up via fiat-on-ramps or conversions.
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