Henry Stern predicts that agentic commerce will be the biggest development in commerce over the next decade.

Stripe is seeing significant demand from merchants for solutions to price goods for streaming transactions rather than single purchases.

Privy's wallet infrastructure manages tens of billions of dollars in transactions on a monthly basis.

Companies like Bankr and Pinata are using Privy's infrastructure to build frameworks for securely providing funds to swarms of AI agents.

The launch of Stripe's Machine Payments Protocol included a demonstration with a butcher shop in San Francisco accepting payments from the command line.

Privy operates as a wholly owned subsidiary of Stripe.

Henry Stern believes that agentic trading will be the precursor to widespread agentic commerce.

Approximately 35% of new self-serve developers on Privy's platform are building agentic products.

Stripe's Machine Payments Protocol (MPP) and its support for X.402 are designed to enable merchants to accept payments from both humans and AI agents.

Henri Stern characterizes Ethereum's innovation as introducing programmability to blockchains, evolving from Bitcoin's single-purpose design.

Tether (USDT) was originally created as a deposit asset for crypto trading to enable 24/7 markets without needing to convert back to fiat dollars.

The Fuse card payment system is theoretically vulnerable to a double-spend attack if two transactions are authorized from the same balance at the exact same moment.

Early-stage fintech companies can now build "super apps" with the capabilities of companies like Revolut or Klarna in a year, rather than a decade, by using the existing crypto stack.

Privy's initial product idea was data tokenization to enable private KYC for crypto companies.

Privy has built an account-layer feature at the wallet level that freezes funds after a first payment authorization to prevent double-spend attacks for its customers.

Henri Stern's vision is for crypto to become a core operational rail within Stripe that all of its users can choose to utilize.

The MICA regulation has been beneficial for the European crypto ecosystem by providing clarity and encouraging more companies to engage with the technology.

Robinhood and Cash App are the closest US examples of a successful European-style neobank.

Henri Stern questions whether the Tempo blockchain will be able to sufficiently decentralize its validator set within the next two to three years.

When a payment is made with the Fuse card, the corresponding stablecoin balance is immediately moved to a smart contract for end-of-day settlement with payment networks.