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BCH $262.23 +2.57%
LINK $13.06 +7.45%
HYPE $86.77 -1.93%
AAVE $132.88 -0.56%
SUI $0.8270 +4.31%
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Based on the robot self-charging technology jointly developed by OpenMind and Circle, the FABRIC Foundation will further promote the large-scale deployment of the machine economy and intelligent agents from two main directions

OpenMind and Circle have officially announced a strategic partnership to jointly launch the world's first payment infrastructure specifically designed for autonomous intelligent agents and real-world embodied AI. By deeply integrating Circle's USDC stablecoin with OpenMind's x402 protocol module, this collaboration enables robots and AI entities to achieve direct and autonomous payments for energy, services, and data in the physical world.Based on the collaboration between OpenMind and Circle, the FABRIC Foundation will accelerate the implementation and large-scale deployment from two main directions: Robot Birthplace and Acceleration of Adoption.The payment infrastructure provided by OpenMind + Circle offers machines an "economic brain," while the FABRIC Foundation is responsible for the entire closed-loop chain of "birth, production, operation, and evolution." The synergy among these three will jointly give rise to a true machine economy era—where robots are no longer mere tools, but independent economic entities with autonomous perception, decision-making, action, and payment capabilities. In the coming months, more real-world deployment cases (such as automatic charging stations) are worth continuous attention.

The American Crypto Industry Alliance wrote to the CFPB, opposing big banks charging for data access

ChainCatcher News: Multiple U.S. crypto institutions, fintech companies, and retail industry organizations are joining forces to defend open banking. In a joint letter, they warn that large banks' attempts to charge for data access could sever the connection between the financial system and digital wallets and stablecoins.An alliance of organizations, including the Blockchain Association, the Crypto Innovation Council, the National Association of Convenience Stores, and the National Retail Federation, has written to the Consumer Financial Protection Bureau (CFPB), urging the regulator to retain key protective provisions in the proposed "Rule 1033." This rule would grant consumers the right to freely share their financial data with third-party service providers, enabling them to connect their bank accounts with crypto exchanges, stablecoin wallets, and other fintech platforms.The alliance points out that large banks are lobbying legislators to narrow the definition of "consumer representatives" and introduce data access fees. These changes would entrench the position of vested interests, weaken market competition, and sever the connection between cryptocurrencies, digital wallets, and the U.S. banking system.The joint letter emphasizes: "Robust open banking rules are crucial for building a competitive, orderly, and innovative financial services ecosystem. Many financial innovations used by Americans over the past decade have emerged from the policy expectations surrounding the U.S. transition to an open banking system." Although banks claim that open banking will increase their operational costs, the alliance counters that expenses such as cloud storage and technological infrastructure are already routine operational costs for any modern bank globally.The alliance warns that weakening Rule 1033 would cause the U.S. to fall behind major economies like the UK, Singapore, and Brazil, which have established open banking standards. "Strong open banking rules are key for the U.S. to remain competitive," the alliance urges the CFPB in the letter, stating that it "should not succumb to large banks' attempts to tax Americans' access to their financial data" when finalizing the rule.
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