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Mastercard launches Agent Pay for AI payment protocol

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Mastercard launches Agent Pay for AI payment protocol, supporting small payments between AI agents. This protocol utilizes the Polygon blockchain to record the operational permissions granted by humans to AI agents. Adyen, Coinbase, and Cloudflare are involved in the development of this protocol. Mastercard's Chief Product Officer Jorn Lambert stated that the project will not become a major source of revenue in the short term, but is expected to become a new scalable market in the next five years. (Fortune)

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