a16zcrypto partner: The encryption industry is entering the "shirt era". The integration of blockchain and AI will promote on-chain agent payments

Guy Wuollet, a partner at a16zcrypto, said on Fortune's CryptoPlaybook show that the crypto industry is maturing and is currently in the "shirt era" and has not yet been fully formalized, but has moved away from its early stages. He pointed out that the current dominant trend in the crypto industry is Wall Street's rapid adoption of blockchain. Traditional financial giants such as BlackRock and Fidelity not only provide Bitcoin ETFs, but also embrace blockchain technology in the fields of stablecoins and tokenized stocks. Wuollet also pointed out that the integration of blockchain and AI is laying the foundation for on-chain agency commerce. He said a large number of talent from the consumer-grade AI space is entering the crypto industry because they believe the first batch of proxy payments will occur on the chain, and Stripe also discussed proxy payments in its annual letter. Regarding the issue that different payment standards may lead to fragmentation, Wuollet believes that AI models are good at understanding different systems, so this is unlikely to slow down adoption.