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Story summary
- Google launched an open-source payments protocol for AI applications, facilitating direct money transfers, including stablecoins.
- Developed with Coinbase and the Ethereum Foundation, it integrates crypto with traditional finance.
- Over 60 companies, such as Salesforce and American Express, contributed to its development.
- The protocol enables AI agents to autonomously conduct transactions, linking legacy payment systems with stablecoins.
- The U.S. GENIUS Act enhances regulatory clarity, promoting stablecoin adoption and integration.
