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Sam Ragsdale
@samrags_
CEO @merit_systems -- Open Agentic Commerce Products: @x402scan @agentcashdev Retired zkVM guy @a16z
1.1K Following    9.3K Followers
We're excited to release OpenInstinct Instinct but self-hostable, open source and supports every model. You control the code, data and passwords Deploy on Vercel and never use the internet with your fingers again
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Presented 'Claude book my anniversary' last week at the Stripe // Tempo MPP demo day Agents will soon have access to every checkout on the internet
Ton of fun showing off upcoming agentic ticket purchasing at Stripe HQ
Agentic payments looking GOOD at the Stripe HQ with @samrags_ 🤩🤩
30k mpp payments per day, more soon
Approaching 30k @mpp transactions per day. Machine-to-machine payments are starting to become a thing.
Come hang!
We are hosting an Agentic Commerce event with @circle Wednesday. NYC. Sign up below.
Unironically a big moment. Consumer buying behaviors and sales channels are set to shift over the next 5 years. There will be a mad scramble between the layers of the commerce stack to work out new incentives.
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Today we're opening up the DoorDash CLI in limited beta. `dd-cli` lets you order DoorDash directly from your agent: search stores, find the best deals, check out, and more. Early access for US/Canadian macOS developers by waitlist. Excited to see what folks build!
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Agentic commerce has it's own alignment battle: consumer aligned agents or merchant aligned? The incentives are being put in place. In 5 years, I believe agents will broker the majority of internet commerce. An agent will have context on your consumer preferences, your annual spending & goals and delivery details. You'll give it a high level intent and it'll provide the best options with minimal effort across the full catalog of the web. The open question is whether that agent will be aligned with the consumer or the seller. Open Agentic Commerce, where any agent can pay any seller, ensures the agents are consumer-aligned. User aligned agents make consumers better market participants, giving them the tools to defend against ever more sophisticated advertising regimes, while making the system more efficient. Over the past 6 months we've launched ~1,000 different x402 and mpp resources that have been purchased by thousands of agents. 95% of that infrastructure runs on @agentcash/router. If you're interested in exploring this brave new world, agents as the new sales channel, router is a great place to get started. Router supports x402 and mpp across Base, Solana and Tempo from a single route builder. It has discovery built-in so agents can use your resources directly from the OpenAPI spec. It prevents many foot-guns we've experienced selling to agents. If you want to get involved but don't know where to start, my dms are open.
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x402scan reached 45k registered resources yesterday! Stay tuned. Triple launch coming next week.
In 2026 you can one-shot a flight simulator but can’t one-shot a flight booking
Wrong. Credit cards have 30c fixed fees and month-end settlement. 5 cent transactions are impossible. More interestingly -- instant settlement. Agents will be the biggest consumers of digital goods. Merchants selling digital goods via cards extend credit to the buyers. They deliver goods and services now and hope they'll be made whole at month end. This is why the AWS and Anthropic tier-ed rate limit systems exist. Instant settlement is coming to agents.
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"Agentic commerce" is not as interesting for crypto as people like to think. Credit cards actually work better than stablecoins for almost all kinds of agentic payments. They are reliable and universally accepted. And contrary to what most people think, they are also programmable, secure, and easy for agents to use on behalf of humans. The more interesting use cases of crypto will be the those that enable agent-to-agent coordination. AI agents will soon want to do more than just pay for things. They will want to enter into enforceable agreements with each other. For example, one agent might want to hire another for a specific job, but not want to pay until after the work is complete, and only if it meets certain criteria. At the same time, the agent doing the work might want some assurance that it's going to get paid when it finishes the job. This is the kind of problem that blockchains were born to solve. The agents can use a smart contract that holds the funds in escrow and releases them only once the work is completed. This approach works especially well when the quality of the agent's work can be verified programmatically by the smart contract, but it could be extended to other kinds of work by relying on a third party "judge"—which itself could be another agent. To make this concrete, imagine that you're an AI researcher using agents to train a new model. You might setup a @karpathy-style autoresearch loop where your agent runs many autonomous experiments on your LLM setup to discover improvements. Or better yet, your agent may want to delegate some of those experiments to a marketplace of other agents—some of which are specialized for LLM-optimization. The agents involved will not necessarily trust one another, and they cannot easily rely on legal contracts to enforce agreements. Smart contracts on blockchains can help coordinate this kind of activity by creating a neutral environment with rules that are programmatically enforced. Who is working on using crypto to enable agent-to-agent coordination?
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Super cool, welcome to agentic commerce
0x Swap API now supports autonomous agent payments. Agents call 0x Swap API and pay $0.01 per request in USDC from their own wallet. No API key required. Built with @Alchemy's AgentPay.
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Someone pop this on x402
More complete list of how to get “hard to get” NYC reservations…
Been sending this headshot when asked for marketing collateral
The legend @patrickc gave mppscan out a shout
The @Tempo mainnet launched 93 days ago. Quick summary of the current state: • Run rate payment volume is around $3 billion. There's a long way to go, but it's cool to see real usage already emerging. (It took Stripe a lot longer than 93 days to get to $3 billion.) • As a blockchain, we obviously don't know about all the different use-cases. (Please tell us if you're doing something cool with Tempo!) Larger companies using Tempo include @Deel, which is using Tempo to pay out to their vast network of contractors, and @Meta, which is using it via @Link for global payouts. There are a bunch of other large companies working on Tempo integrations that'll be announced soon. • Internally, developing on Tempo has been fun, and Tempo is now Stripe's default blockchain for new features. • On the AI side of things, there appear to be around 1,000 active services selling to agents via the Machine Payments Protocol (@mpp). There's a useful directory of available services at 570 unique agents, for example, seem to have purchased from @ExaAILabs, and 332 from @openweather. I don't know how long it'll take for this use-case to become big, but it seems all-but inevitable that it will within a few years. • Today, @Stripe, @Visa, and @StanChart are running Tempo validators. Validation will become more decentralized over time. • The Tempo team is building a lot of new protocol functionality. For example, privacy zones, receive policies, and virtual addresses. (Details for all on the Tempo blog: In general, our belief is that there's a lot of functionality to be built at the blockchain level to make higher-level applications easy and performant. The original thesis behind Tempo was that both AI and stablecoins would stretch blockchains in new ways, with need for privacy, fees denominated/payable in stablecoins, batch transactions, microtransactions, faster confirmations, and so forth. Overall, this still seems like the right set of bets, and the agentic stuff is happening somewhat faster than I was expecting. "1M stablecoin TPS, with the vast majority from agents" still seems like the right north star.
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Check machine payments volume on Tempo at mppscan dot dev. Volumes are small but growing.
The @Tempo mainnet launched 93 days ago. Quick summary of the current state: • Run rate payment volume is around $3 billion. There's a long way to go, but it's cool to see real usage already emerging. (It took Stripe a lot longer than 93 days to get to $3 billion.) • As a blockchain, we obviously don't know about all the different use-cases. (Please tell us if you're doing something cool with Tempo!) Larger companies using Tempo include @Deel, which is using Tempo to pay out to their vast network of contractors, and @Meta, which is using it via @Link for global payouts. There are a bunch of other large companies working on Tempo integrations that'll be announced soon. • Internally, developing on Tempo has been fun, and Tempo is now Stripe's default blockchain for new features. • On the AI side of things, there appear to be around 1,000 active services selling to agents via the Machine Payments Protocol (@mpp). There's a useful directory of available services at 570 unique agents, for example, seem to have purchased from @ExaAILabs, and 332 from @openweather. I don't know how long it'll take for this use-case to become big, but it seems all-but inevitable that it will within a few years. • Today, @Stripe, @Visa, and @StanChart are running Tempo validators. Validation will become more decentralized over time. • The Tempo team is building a lot of new protocol functionality. For example, privacy zones, receive policies, and virtual addresses. (Details for all on the Tempo blog: In general, our belief is that there's a lot of functionality to be built at the blockchain level to make higher-level applications easy and performant. The original thesis behind Tempo was that both AI and stablecoins would stretch blockchains in new ways, with need for privacy, fees denominated/payable in stablecoins, batch transactions, microtransactions, faster confirmations, and so forth. Overall, this still seems like the right set of bets, and the agentic stuff is happening somewhat faster than I was expecting. "1M stablecoin TPS, with the vast majority from agents" still seems like the right north star.
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99% of October / November volume originated on x402scan, our marketplace. These were not agentic payments, they were speculators pumping and dumping memecoins. Ignore the peak, compare pre Oct-25 to Apr-26. Now doubling month over month. Agentic Commerce is coming.
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