BitPay

The crypto industry has seen a surge in AI agents, with 2.3 million currently operating, and the market is expected to grow from $7.84 billion to $52.62 billion by 2030. However, crypto gateways have been slow to adapt, while crypto wallets such as Coinbase and Cobo have launched infrastructure supporting AI agents. This shift is expected to impact the market, with gateways without AI support likely to lose volume.

BitPay now requires Know Your Customer (KYC) for any amount, affecting online merchants who used to accept Bitcoin. This change has led to some merchants no longer accepting BTC. The requirement applies to all transactions regardless of size.

A crypto debit card converts digital assets to local currency for purchases, depleting the crypto balance, while a crypto credit card provides fiat credit backed by stored crypto, allowing users to retain their assets. Examples include Nexo and Bitpay for debit cards, and Kast and Gemini for credit cards.

The article discusses a business owner's consideration of accepting USDT payments due to its stability compared to other cryptocurrencies. The user seeks insights on whether customers naturally prefer USDT or if guidance is needed, and explores backend payment solutions like NOWPayments, Finassets, BitPay, and Cryptomus.