AI Agents Will Become Biggest Stablecoin User, Says Novogratz

According to Michael Novogratz, the founder and CEO of Galaxy Digital, artificial intelligence (AI) agents are set to become the biggest users of stablecoins. Novogratz believes that as AI and stablecoin technologies become more closely integrated, the demand for stablecoins will increase significantly. Stablecoins are cryptocurrencies designed to maintain a stable value, often pegged to a fiat currency like the US dollar. Novogratz suggests that AI-powered applications will rely heavily on stablecoins for various use cases, such as executing financial transactions, making payments, and facilitating trading activities. The growing interplay between AI and stablecoins is expected to drive the mainstream adoption of both technologies. Novogratz's statements highlight the increasing convergence of the digital and traditional financial worlds, as emerging technologies like AI and stablecoins become more integral to the global financial ecosystem.