Rain, an infrastructure provider for stablecoin payments, has launched the Agentic Payments Alliance (APA), a coalition focused on developing standards for commerce powered by AI agents. Founding members include Visa, Mastercard, Circle, Solana, Remitly. Other members include Avalanche, Chainalysis, Fiserv, Fireblocks, Uniswap Labs and Turnkey.
The alliance will focus on how AI agents can make payments on behalf of users. Key areas include agent authorization, fraud prevention, identity and the transfer of loyalty and rewards.
cryptonews.net