JPMorgan Chase CEO Jamie Dimon warned of rogue agents operating at scale and said the bank is building defensive tools. Read more: cnb.cx/4yfzJAP

Founder and CEO @nubank, @velez_david on Nubank agents inside Muse and Grok? "I think it is very possible that you'll have a Nubank agent inside Muse, you'll have a Nubank agent working with Grok" "On the other end, there is a specific agent that is helping you figure out what you do with your life." "People don't do financial education." "We're excited about what AI could really mean for effectively enabling every person around the world to grab somebody, to grab their hand and helping them make the best financial decisions." "When you want to do this, you might want to save a little bit, I could move this over here if you like." Budgeting apps needed people to open them, and an agent inside a chat tool the customer already uses can suggest the move at the point of spending.

north star is enabling 10m payments per second to enable business to capture the value of every page on the internet

🚨 BREAKING: Open USD (OUSD) is live on @tempo with $400M+ in day-one liquidity. Businesses can mint and burn it at no cost through Coinbase, Stripe, Visa (VSP) and soon Mastercard. Open Standard announced OUSD in June as a stablecoin built and governed by 140+ companies, including Visa, Mastercard, Stripe, Coinbase and BlackRock. Today it's issued natively on Tempo, with liquidity across DEXs, stablecoin swaps and bridges. Businesses can use it for payments, payouts, operating balances and swaps into other stablecoins. On Tempo that comes with near-instant settlement, sub-cent network fees, opt-in privacy through Tempo Zones, and Earn on end-user balances rolling out soon. Most new stablecoins launch with thin liquidity and few ramps, then spend a year or two chasing both. OUSD starts with both because the companies behind it also run the ramps. It also supports mint and burn at par, reserves are shared with partners, and it is ultra-low cost. Mint and burn AT PAR is going to be an enormous feature. Mark my words. Supply and activity are public at ousd.fyi.

Your AI agent just saved you an hour. But did it actually save anyone money? Every time an AI assistant searches, makes a call, uses an API, accesses data or tries again after something fails, somebody is paying for that work. And those costs exist even when the task doesn’t result in a purchase. Russell Sechzer calls this the “$6-Uber phase of personal agents”: what users pay today may bear little resemblance to what these services actually cost to provide. As AI agents start doing more on our behalf, from negotiating bills to buying access to models and data, the question isn’t just what are they allowed to spend? It’s who pays for the work they do along the way? Russell gets into the economics behind agentic commerce and the “invisible invoice” that comes with, on This Week in Fintech: thisweekinfintech.com/p/the-…

This is one of the wildest things I've seen play out onchain (incidentally close to how I described previously)! The solana:GDAdCvjiRoGxA18ya3Qha1DD6bbzbR9Z9AGpMa9Tpump memecoin just cornered 81% of the onchain supply of a tokenized public company $HIMS while Wall Street was closed for the w/e solana:GDAdCvjiRoGxA18ya3Qha1DD6bbzbR9Z9AGpMa9Tpump is paired directly with tokenized HIMS equity on Robinhood Chain As BONER rallied, traders entering through USDG or ETH had to acquire HIMS before swapping it into the BONER/HIMS pool The result: - 12,284 HIMS accumulated inside BONER liquidity - Total onchain HIMS supply is only around 15,227 - BONER’s pool therefore contains roughly 81% of the entire supply - The main HIMS/USDG pool was left with around 92 HIMS against $135K of USDG liquidity HIMS closed Friday at $28.84 on the NYSE With most of the tokenized supply sitting inside BONER liquidity, onchain HIMS traded around $39 That's a 37% premium to the real share price This was not technically a short squeeze because there is no evidence of shorts being liquidated or forced to cover; it was a "float squeeze" Demand for the memecoin absorbed the available tokenized HIMS inventory faster than market makers could replenish it while the underlying market was closed The actual NYSE equity was unaffected. HIMS has roughly 225M real shares outstanding compared with just 15.2K tokens on Robinhood Chain The distortion also inflated BONER’s displayed dollar market cap because its HIMS denominator was itself trading above NAV At the prices shown, BONER’s displayed $9.4M market cap was closer to $6.9M when HIMS was marked at Friday’s real closing price When traditional markets reopen, authorised participants can mint additional HIMS or arbitrage the wrapper back towards NAV Until then, a memecoin has effectively squeezed the weekend float of a tokenized equity Robinhood Chain is becoming a live experiment in what happens when 24/7 crypto liquidity collides with assets that still follow market hours There are levels to this that will hit mainstream media and bring A LOT more eyes to crypto This is how retail returns to the trenches