The Daily: Google's stablecoin payments for AI agents, Bitwise's 'spectacular' end-of-year rally call, CleanCore's 100M DOGE buy, and more
The following article is adapted from The Block’s newsletter,The Daily, which comes out on weekday afternoons.
Happy Tuesday! Bitcoin and Ethereum hold steady as traders await the Fed's rate decision on Wednesday, with markets pricing in a 25 bps cut and only slight odds of a 50 bps surprise. Analysts say a dovish tilt could spark upside, while a cautious tone risks near-term chop despite rising crypto ETF inflows.
In today's newsletter, Google launches an AI agent-to-agent payments protocol with stablecoin support, Bitwise predicts the crypto market is setting up for a "spectacular" end-of-year rally, CleanCore buys another 100 million DOGE, and more.
Meanwhile, Coinbase's Apple App Store ranking suggests retail is still on the sidelines.
Let's get started!
P.S. Don't forget to check out The Funding, a biweekly rundown of crypto VC trends. It's a great read — and just like The Daily, it's free to subscribe!
Google brings stablecoin payments to AI agents
Google has launched an open-source agent-to-agent payments protocol that supports both card networks and U.S. dollar-pegged stablecoins.
The solution was built in collaboration with Coinbase and over 60 other firms, including Salesforce, American Express, and Etsy, to extend Google's agent interoperability framework into payments.
The protocol lets AI agents verify user consent, encode guardrails, and settle transactions using cards or onchain assets.
If AI agents go mainstream to become shoppers, brokers, and back-office bots, stablecoin-enabled payments could extend crypto's use beyond trading, with a clear audit trail that businesses can rely on.
The launch builds on Google Cloud's Universal Ledger blockchain pilot for programmable institutional settlements, signaling a broader push to merge traditional and crypto rails for automation.
The Ethereum Foundation also unveiled a decentralized AI team this week, highlighting growing competition to anchor the AI economy's financial layer.
Bitwise predicts 'spectacular' end-of-year rally
Bitwise CIO Matt Hougan predicted that the Securities and Exchange Commission's proposed generic listing standards could unleash a wave of new crypto ETPs and spark a year-end rally.
Current rules force each crypto ETP through a one-off SEC filing that can drag on for 240 days with no guarantee of approval.
Generic standards would allow predictable approvals in as little as 75 days, provided the ETPs meet predefined criteria — most likely tied to whether the asset already has a regulated futures market in the U.S. at exchanges like the CME or Cboe, Hougan said.
ETPs make it easier for the broader audience of traditional investors to allocate to crypto, so assets are better positioned to "rip" when fundamentals improve, he argued.
Dogecoin treasury firm CleanCore adds 100 million more DOGE
CleanCore Solutions has bought another 100 million DOGE, boosting its treasury past 600 million as it targets amassing 1 billion of the OG memecoin within 30 days.
The NYSE-listed firm, backed by the Dogecoin Foundation and its corporate arm House of Doge, aims to eventually control up to 5% of DOGE's circulating supply.
CleanCore's strategy is to position Dogecoin as a reserve asset for payments, tokenization, remittances, and staking-like products, with support from investors like Pantera and GSR.
Elon Musk's personal lawyer, Alex Spiro, chairs CleanCore's board, with DOGE's price climbing over 25% since the firm launched its treasury on Sept. 8.
PayPal to expand P2P crypto payments with new Links feature
PayPal is introducing a new peer-to-peer payments feature called PayPal Links, with plans to expand support to BTC, ETH, and PYUSD stablecoin transactions soon.
It lets users send one-time payment requests and avoids 1099-K tax reporting for gifts, reimbursements, and shared expenses between friends and family on PayPal and Venmo.
PayPal will first roll out the feature in the U.S. before expanding to the UK and other markets later this month, aiming to connect billions of wallets worldwide, the company said.
The move builds on PayPal's growing crypto push, with PYUSD now a $1.3 billion market cap stablecoin powering its "Pay with Crypto" feature for merchants.
Crypto execs join lawmakers in Washington to advance strategic bitcoin reserve bill
Strategy co-founder Michael Saylor, MARA CEO Fred Thiel, and more than a dozen other crypto execs joined Sen. Cynthia Lummis and Rep. Nick Begich in Washington, D.C. to push for U.S. strategic bitcoin reserve legislation.
The BITCOIN Act proposes acquiring one million BTC over five years with "budget neutral strategies," building on President Trump's executive order establishing permanent federal bitcoin holdings.
The bill sits before House and Senate committees, though hearings are not currently scheduled, with backers now working to expand support beyond its current Republican base.
In the next 24 hours
UK CPI data are released at 2 a.m. ET on Wednesday. Eurozone CPI figures follow at 5 a.m. The U.S. Federal Reserve's latest interest rate decision is due at 2 p.m.
The U.S. FOMC has a press conference scheduled for 2:30 p.m.
IOTA, ZKsync, and ApeCoin are set for token unlocks.
EDCON 2025 continues in Osaka. Crypto Invest Summit kicks off in Berlin.
Never miss a beat with The Block'sdaily digestof the most influential events happening across the digital assetecosystem.
Disclaimer: This article was produced with the assistance of OpenAI’s ChatGPT 3.5/4 and reviewed and edited by our editorial team. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures. © 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Unmissable: Quack AI’s Builder Night Seoul Summit Unites AI and Web3 Leaders on Dec 22
Mark your calendars, builders. The convergence of artificial intelligence and decentralized technology has a new epicenter. On December 22, the innovative AI-based Web3 project Quack AI will host a pivotal private event: The Builder Night Seoul Summit. This exclusive gathering promises to be a catalyst for the next wave of execution-focused Web3 architecture, bringing together the minds shaping our digital future.
What is The Builder Night Seoul Summit All About?
This is not just another conference. The Builder Night Seoul Summit is a curated, private networking event designed for serious ecosystem players. Quack AI has set a clear agenda to move beyond theory and into practical, buildable solutions. The core themes are laser-focused:
AI Agents in Web3 ecosystems
On-chain execution infrastructure
The critical role of stablecoins
The audience will consist of builders, key opinion leaders (KOLs), and stakeholders, ensuring conversations are technical, actionable, and driven by those with skin in the game. If you’re interested in the hands-on future of Web3, this Builder Night Seoul Summit is the place to be.
Who Are The Key Players Attending This Summit?
The strength of any summit lies in its participants. Quack AI has assembled an impressive roster of global teams to deliver keynotes and lead panel discussions. Confirmed participants include heavyweights like:
BNB Chain: A leading blockchain ecosystem.
IOTA: Pioneers in distributed ledger technology.
Unibase SOON: Other innovative projects in the space.
This lineup indicates the summit’s serious technical depth and its goal of fostering cross-ecosystem collaboration. The discussions at the Builder Night Seoul Summit will likely shape development roadmaps and partnerships well into 2024.
Why is Quack AI the Perfect Host for This Event?
Quack AI is not a newcomer to fostering high-level innovation. The project has a proven track record of facilitating meaningful dialogue and development. Previously, they collaborated with prestigious global institutions like the University of Oxford and the University of Cambridge to run a major hackathon featuring a $1 million prize pool.
This history shows a commitment to education and execution. Hosting the Builder Night Seoul Summit is a logical next step, transitioning from academic exploration to industry-wide implementation. Quack AI is positioning itself as a central connector in the AI-meets-Web3 narrative.
What Can We Expect from the Discussions in Seoul?
The stated focus on “execution-focused Web3 architecture” is key. Therefore, attendees can expect pragmatic sessions that address real-world challenges. Potential discussion points include:
How can AI agents autonomously interact with smart contracts?
What infrastructure is needed for reliable, scalable on-chain execution?
How do stablecoins enable more complex AI-driven economic models?
The intimate, private format of the Builder Night Seoul Summit encourages deeper dialogue than a public webinar, making it a fertile ground for new ideas and partnerships to emerge.
Conclusion: A Must-Attend Event for Web3 Builders
The Builder Night Seoul Summit represents a significant moment for the AI and Web3 intersection. By gathering builders, influencers, and leading projects in a private setting, Quack AI is creating a unique environment for accelerated innovation. The insights and connections forged on December 22nd will undoubtedly influence the trajectory of decentralized technology. This summit is a clear signal that the future of Web3 is being built now, and it’s being built by those in the room.
Frequently Asked Questions (FAQs)
Q1: When and where is The Builder Night Seoul Summit?A1: The private event is scheduled for December 22 in Seoul, South Korea.
Q2: Who is organizing the Builder Night Seoul Summit?A2: The summit is hosted by the AI-based Web3 project Quack AI.
Q3: Can anyone attend this event?A3: No, it is a private networking event targeted at builders, KOLs, and ecosystem stakeholders. Attendance is likely by invitation or application.
Q4: What are the main topics of discussion?A4: The agenda focuses on AI agents, on-chain execution infrastructure, and stablecoins within Web3.
Q5: Which companies are participating?A5: Confirmed participants include global teams from BNB Chain, IOTA, Unibase, and SOON.
Q6: Has Quack AI done similar events before?A6: Yes, they previously collaborated with Oxford and Cambridge on a hackathon with a $1 million prize pool.
Found this insight into the upcoming Builder Night Seoul Summit valuable? Help other builders and innovators in your network stay informed. Share this article on your social media channels to spread the word about this key gathering in the AI and Web3 space!
To learn more about the latest trends in Web3 and AI convergence, explore our article on key developments shaping the future of decentralized technology and institutional adoption.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.