BBX Logo Beta

French media warns of lagging tax adjustments or missing out on AI and stablecoin dividends

--

French media Le Monde reported that France may only have about six months to adjust its tax system to cope with the wave of "proxy AI" and stablecoin payments, otherwise it may be marginalized in the global digital financial system. The Andreessen Horowitz report shows that the annual transaction volume of stablecoins reaches $46 trillion, nearly three times that of Visa and 20 times that of PayPal. The x402 standard already supports AI agents to complete over 119 million payments through stablecoins, but France's current tax system is complex and has been accused of suppressing the flow of funds back into the banking system, which may affect its position in the new round of digital economy.

Loading...