Binance Sees Crypto as Backbone of Emerging Machine Economy

Binance CEO Richard Teng recently said that cryptocurrency could play a key role in the growing “machine economy.” He made the remarks at Consensus Hong Kong 2026. Teng explained that AI systems could soon act like independent workers in the economy.

Instead of humans, these AI agents could make purchases and pay for services on their own using Bitcoin or stablecoins. Blockchain would be the backbone, allowing machines to interact safely and securely with real-world services.

AI Agents Could Work on Their Own

According to Teng, AI agents may book travel, order services, or pay bills automatically. They could do this 24/7, without needing humans to approve each step.

This makes cryptocurrency more than just an investment. It could become a real tool that machines use to trade, buy, and pay. Teng’s vision shows that as AI grows, crypto may have a bigger role in everyday life.

Companies Are Already Preparing

The shift is already starting. Some AI companies are creating crypto wallets for Bitcoin and stablecoins. CNBC’s Anthony Pompliano noted that this shows a move away from using Bitcoin just as a store of value. Instead, it may become a working currency for AI operations.

Studies also support this idea. A 2025 IEEE review found that crypto works well for small transactions and fast payments. This is useful for AI systems that need to make many quick purchases.

Big Economic Potential

The potential impact is huge. PwC estimates that AI could add $15.7 trillion to the global economy by 2030. If cryptocurrencies become the main tool for AI transactions, the demand for Bitcoin and stablecoins may rise.

Teng emphasized that blockchain’s security and speed make it ideal for AI. Machines could interact with the real world more easily. This could create new services, like AI booking travel or managing supply chains automatically.

Crypto as the Future Fuel for AI

The idea of AI using crypto may seem futuristic. But the groundwork is already being laid. As AI and blockchain merge, digital currencies could become a normal part of machine operations.

Teng’s vision shows that crypto is not only a financial asset. It could be a practical tool for powering the next generation of AI-driven technology.

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