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Franklin Templeton: Agentic AI to spur blockchain adoption

Created at 22 Jul · 1:26 PM3 sources↑ Market-relevant3 events
IN SHORT

Franklin Templeton argues that agentic AI, capable of autonomous actions and payments, will drive demand for blockchain technology. The firm believes legacy payment networks are ill-suited for the high volume of micropayments required by AI agents, positioning blockchains like Solana and Ethereum as critical infrastructure for this emerging economy.

Key Numbers

15% to 25%AI agents' projected share of U.S. e-commerce sales by 2030
1,700 to 10,000Visa network transactions per second
12,933 TPSAptos chain maximum transactions per second
6,284 TPSSolana chain maximum transactions per second
3,252 TPSBNB Chain maximum transactions per second
1-3 business daysVisa network settlement time
$3 trillion to $5 trillionProjected agentic commerce value by 2030

Who's Involved

Sandy Kaul
Head of Digital Assets and Innovation at Franklin Templeton
Franklin Templeton
Asset manager with nearly $1.8 trillion in assets
Jeremy Allaire
CEO of Circle
Visa
Payments giant exploring AI tools
Mastercard
Payments giant exploring AI tools
AWS
Cloud provider exploring AI tools
Aptos
Blockchain network
Solana
Blockchain network
BNB Chain
Blockchain network
Franklin Templeton: Agentic AI to spur blockchain adoption

↳ Why This Matters

The increasing sophistication of AI agents is expected to create a new wave of digital commerce, requiring robust and efficient payment infrastructure. Franklin Templeton's view highlights blockchain technology's potential role in enabling this future economy, suggesting a significant opportunity for both technological development and investment in cryptocurrencies.

Key facts

  • Franklin Templeton believes agentic AI will be the 'killer use case' driving blockchain adoption.
  • Agentic AI requires autonomous transactions and micropayments, which legacy payment networks cannot efficiently support.
  • Blockchains offer faster settlement and programmability, making them suitable for AI agent transactions.
  • The firm suggests investing in cryptocurrencies like Solana and Ethereum to capture value from the AI revolution.
  • AI agents are projected to account for a significant portion of e-commerce sales by 2030.

Franklin Templeton argues that agentic artificial intelligence, which can act, pay, and decide autonomously on behalf of users, will drive significant adoption of blockchain technology. Sandy Kaul, the firm's Head of Digital Assets and Innovation, stated that legacy payment networks are not equipped to handle the high volume and speed of micropayments required by these AI agents.

Instead, Kaul believes that blockchains, particularly high-speed networks like Aptos, Solana, and BNB Chain, offer the necessary programmability, identity features, and rapid settlement times. This 'speed gap' advantage makes them ideal for machine-to-machine transactions, a stark contrast to the multi-day settlement times of traditional systems like Visa.

Kaul's perspective aligns with that of Circle CEO Jeremy Allaire, who sees AI and blockchain converging to create an autonomous system for value exchange. As AI agents become capable of executing tasks such as shopping, booking, and paying, they will increasingly engage in economic transactions, potentially driving demand for the native cryptocurrencies of these blockchain networks.

Franklin Templeton suggests that investors looking to capitalize on the AI revolution should consider investing in the underlying cryptocurrencies of these decentralized networks, rather than solely focusing on AI software companies. Projections indicate that AI agents could account for 15% to 25% of U.S. e-commerce sales by 2030, with agentic commerce potentially reaching $3 trillion to $5 trillion by the same year.

Frequently asked questions

Agentic AI refers to software that can act, pay, and decide on your behalf without requiring constant human supervision at every step. These systems can perceive their environment, devise plans, and execute multi-step tasks autonomously.

Traditional payment networks were built for human-scale transactions and have settlement times of 1-3 business days. Agentic AI requires high-speed, low-cost micropayments, which legacy systems cannot efficiently handle due to volume and speed limitations.

High-speed blockchains like Aptos, Solana, and BNB Chain are considered suitable due to their transaction speeds (ranging from over 3,000 to over 12,000 transactions per second) and rapid settlement times, which are comparable to or exceed traditional payment networks like Visa.

Franklin Templeton suggests that investors can capture the value of decentralized networks and businesses by buying the cryptocurrencies and altcoins issued by these entities, such as Solana and Ethereum, which power the AI agent economy.

What Happens Next

01AI agents are projected to account for 15% to 25% of all U.S. e-commerce sales by 2030.
02Agentic commerce is projected at $3 trillion to $5 trillion by 2030.
03Google unveiled a payment protocol for agents in 2025.
04The x402 Foundation, building open payment rails for AI, launched formally on July 14.
CME Headlines
  • Product Modification Summary: Add Offset Eligibility to Bitcoin Futures, Micro Bitcoin Futures, Ether Futures and Micro Ether Futures Contracts — Effective September 14, 2026
    19 Aug · 9:15 PM
  • Amendments to CME Rule 855. (“Offsetting Positions for Different-Sized Contracts”) – Contracts Eligible for Offset Table to Include Bitcoin Futures, Micro Bitcoin Futures, Ether Futures and Micro Ether Futures Contracts
    19 Aug · 7:45 PM

How It Developed

Franklin Templeton's head of digital assets, Sandy Kaul, believes agentic AI will be a major driver for blockchain adoption.
Agentic AI requires low-cost, programmable payment rails for machine-to-machine micropayments, which traditional financial networks struggle to provide.
Kaul suggests blockchain networks are better suited for these micropayments due to their programmability, identity features, and fast settlement.
The growth of AI agents could increase demand for cryptocurrencies used for network fees, benefiting the blockchain ecosystem.
Circle CEO Jeremy Allaire views AI and blockchain as converging into a single economic system for autonomous value exchange.
Franklin Templeton argues that agentic AI will run on crypto rails, not traditional financial networks.
The firm emphasizes that blockchains provide a critical 'speed gap' advantage over legacy payment systems.
Kaul contends that capturing the full economic value of the AI revolution requires investing in underlying cryptocurrencies like Solana and Ethereum.

Sources

T1
Forget Nvidia: The next big AI trade could be crypto and blockchainCoinDesk
T1
Franklin Templeton calls agentic AI next ‘killer’ use case for blockchainFranklin Templeton’s digital assets lead said that the autonomous AI agent economy will increase demand for blockchain protocols hosting machine-to-machine micropayments.Cointelegraph
T1
Franklin Templeton Says Agentic AI Is Crypto's 'Killer Use Case'Decrypt

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