PERSONAL AI ASSISTANT INSTINCT JUST GAVE AI AGENTS THEIR OWN SPENDING MONEY

Summary from the TLDR Fintech newsletter

Instinct lets users fund a wallet and set spending limits so AI agents can make purchases independently. Stablecoins are converted into dollars and spent through a Visa virtual card, letting merchants accept payment through existing infrastructure. The broader tension is over who controls agent payments: Stripe's virtual cards or Visa and Mastercard's competing systems tied to customers' existing cards.