Key Takeaways
- Fetch.ai launched the first AI-to-AI payment system using USDC and FET through its platform ASI:One.
- Personal and business AIs can now autonomously execute bookings and payments using on-chain transactions and Visa integration.
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Fetch.ai announced the first AI-to-AI payment system, allowing personal AIs to complete transactions autonomously via ASI:One, its proprietary agentic AI platform. The system supports payments by Visa, as well as on-chain transactions using USDC and FET.
In its first live use case, a Personal AI built on ASI:One planned a shared dinner, booked a reservation through OpenTable, and completed the payment, all while the user was offline.
“Agentic payments are the gateway to AI first economy,” said Humayun Sheikh, CEO of Fetch.ai. “By enabling AIs to transact on our behalf, we’re creating a new era where intelligent agents execute, secure, and deliver real-world value without waiting for us to intervene.”
The system allows users to allocate spending limits to their AI, maintaining control while allowing their AI to act when timing matters. Personal AIs can now autonomously coordinate with Business AIs, execute real-time bookings and payments, and take offline action using user-approved funds.
The payment system includes dedicated AI wallets with user-defined limits, temporary Visa credentials for card payments that don’t expose actual card details, and on-chain payments using USDC and FET.
Full rollout of AI-to-AI payments is tentatively scheduled for January and will be available to users through ASI:One.
