The 11-page Machine-Native Economy whitepaper was written by leaders from BlackRock’s digital-assets, iShares and product-innovation teams. It describes a possible financial architecture rather than announcing a stablecoin, payment service or investment fund.
Key Takeaways
- BlackRock published a research thesis, not a product.
- AI agents could use stablecoins for automated payments.
- Machine payments may cover compute, data and APIs.
- Identity and compliance would remain essential.
- Actual adoption still needs to be demonstrated.
1. Software becomes the customer
Most digital payments still assume that a person will select a product, enter payment details and approve a purchase. AI agents introduce a different type of customer: software that may need to buy small amounts of data, processing capacity or API access while completing a larger task.
Consider an agent asked to c...


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