Mason Nystrom sits down with Cuy Sheffield (Visa Crypto) and Jay Yu (Pantera Capital) to explore the future of agentic payments at the intersection of AI, crypto, and cards.

Stablecoin supply grew 40% in 2025. Adjusted transaction volume grew 90%. X402 and the Machine Payment Protocol are live. Visa CLI is in beta. Agentic commerce is no longer a concept. It is happening right now.

Key Topics:

• Stablecoin growth in 2025: 40% supply expansion, 90% growth in adjusted transaction volume
• Stablecoin-linked cards: why wallets need card credentials to reach 150 million merchants on day one
• Vibe coders as the most exciting customer segment on the planet and why headless merchants serve them best
• The three generations of small business: brick and mortar, e-commerce, and the headless merchant endpoint you can build in an hour from bed
• One human companies: why the barrier to starting a business has never been lower
• Killing the API key: why wallet-based identity over X402 and MPP is a 10x better developer experience
• Visa CLI: how Visa built a card-based agent payment tool for vibe coders, starting by solving their own problems
• Why the value of software is trending to zero and trust plus distribution is the only remaining moat