PANews reported on May 11th, citing CoinDesk, that executives from Google Cloud and PayPal stated at the Consensus conference that the structural limitations of AI agents prevent them from using traditional bank accounts, and the next wave of internet commerce will run on the crypto payment track. Richard Widmann, Global Head of Web3 Strategy at Google Cloud, pointed out that agents cannot access bank accounts, and the crypto payment track is an "excellent machine-readable payment interface." Google has launched the Agentic Payments Protocol (AP2), which already has over 120 partners, including PayPal, and has donated the protocol to the FIDO Foundation.

May Zabaneh, Senior Vice President of Crypto at PayPal, stated that the company views agents as the next channel after offline, online, and mobile commerce. PayPal's stablecoin, PYUSD, is a "naturally programmable payment layer." She cited a PayPal survey showing that 95% of merchant websites are seeing traffic from AI agents, but only 20% have machine-readable product catalogs. Regarding the issue of liability, Zabaneh stated that the industry needs to collectively consider this, while Widmann pointed out that multi-party custody is becoming key to agent design, and agents should not hold the full private key but only a shard.