


As the cost of procuring US dollars rises, the issuance of bonds denominated in Chinese yuan and Hong Kong dollars is rapidly increasing. Issuers are looking to reduce their dependence on dollar bonds and find relatively lower-cost funding currencies.
Flop Labs has introduced the Flop Network as a payment layer for AI agents. AI agents purchase inference services from GPU miners using FLOP, and the results of their tasks are verified on the blockchain.
Amazon ($AMZN) subsidiary Amazon Web Services (AWS) has connected the payment functionality for AI agents with the wallet infrastructure of Coinbase ($COIN) and Stripe.