Circle Co-Founder Says Stablecoins Will Evolve Into ‘Machine-Native Money’

Sean Neville, CEO of Kadena Labs and co-founder of Circle (NASDAQ:CRCL), says stablecoins will evolve beyond payment rails into “machine-native money” that enables AI agents to transact autonomously.

What Happened: In an interview with Benzinga, the Circle co-founder and Kadena Labs CEO traced his crypto journey to viewing “money as just data” that should “flow globally like any other kind of data on the internet.”

This philosophy drove Circle’s 2013 founding with the vision of creating “open protocols and open rails for value transfer” that would be “almost free” and operate without borders.

Circle’s pivot to USDC in 2018 addressed a fundamental payment reality that “wasn’t …

Full story available on Benzinga.com