# Google and PayPal told Consensus Miami AI agents will run on crypto rails as bank accounts remain inaccessible.

*genai · news · 2026-05-11 · Crypto News*

## Key points

- Google launched the Agentic Payments Protocol (AP2) for autonomous agents, now donated to the FIDO Foundation.
- PayPal views AI agents as a new commerce channel and highlights its PYUSD stablecoin as a programmable payments layer.
- A PayPal survey revealed 95% of merchants see AI agent site traffic, but only 20% have machine-readable catalogs.
- Bank accounts are fundamentally inaccessible to AI agents due to technological and regulatory barriers, making crypto essential.
- Liability for disputed AI agent purchases is unresolved, posing a major open question for the sector.

**Companies:** Google, PayPal
**Countries:** United States

[Read the full story on Crypto News](https://crypto.news/google-and-paypal-back-crypto-rails-for-ai-agents/)

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