Fed’s Hammack says AI agents using stablecoins would mark a major shift

Cleveland Fed President Beth Hammack said AI agents transacting in stablecoins would represent a major structural shift for the financial system, warning that unresolved regulatory gaps could slow U.S. adoption and erode the dollar’s global reach. The remarks, reported by Crypto Briefing, frame stablecoins as a potential settlement layer for machine-to-machine payments rather than a niche crypto instrument. Hammack’s intervention matters because it signals Federal Reserve attention to tokenized dollar rails at a time when stablecoin policy remains unsettled. Watch for follow-through from U.S. regulators on stablecoin issuance and reserve rules, and for whether AI-agent payment pilots move from concept to live volume.