Hong Kong-listed digital asset firm OSL rolled out AgentPay, a multi-stablecoin payment infrastructure for AI agents, extending its reach from stablecoin trading into the payments layer.
Hong Kong's OSL Opens AgentPay for AI Agent Stablecoin Payments
10 August 2026 - 02:00 UTC
Micro payments, no gas fees
The platform allows developers' AI agents to use a single API to execute autonomous, intent-based payments across USDT, USDC and OSL's USDGO – issued by Anchorage Digital Bank, the US federally chartered crypto bank – and other assets, OSL said in a 7 Aug statement. The regulated stablecoin platform allows nano-payments with no onchain gas fees.
After developers express payment intent, which includes the amount, asset and payee, their AI agents can directly instruct AgentPay to handle routing, signing and settlement.
Connective tissue
Kevin Cui, OSL Group's chief executive, called AI agents – software systems that use artificial intelligence to pursue goals with a degree of autonomy – "the connective tissue of tomorrow's society."
"The core of this economic activity still relies on distribution, liquidity, and infrastructure – and that is exactly where OSL has focused its strengths," he said.
OSL said hundreds of thousands of paying agents are transacting across thousands of endpoints, and that AgentPay will initially work with developers across Asia.
Backs agent protocols
The firm also endorsed three internet-native agent payment protocols – x402, AP2 and MPP. The protocols standardize how AI systems communicate, authorize and clear financial transactions.
AgentPay draws on OSL's existing corporate infrastructure. Banxa, OSL's fiat-to-crypto subsidiary, acts as the on- and off-ramp between fiat and digital assets. USDGO – Anchorage-issued, OSL-distributed – serves as the settlement layer.
Not alone in race
OSL cited research by McKinsey projecting global agentic commerce could reach $3tn to $5tn by 2030. "However, while open payment protocols including x402 and AP2 have standardized how agents negotiate terms and carry payment authorisation, they do not determine settlement – how funds and value convert across currencies, and how they reach agent endpoints," the firm said.
AgentPay is designed to resolve these issues with its single-integration, it said.
But OSL isn't alone in the race. Coinbase, Stripe and blockchain firm Tempo are all trying to establish the default settlement layer for machine-to-machine payments. OSL was the first virtual-asset trading platform formally licensed by Hong Kong in December 2020.
