Circle VP says AI agents may boost demand for non-dollar stablecoins

David Katz, vice president of strategy and policy for Circle Asia Pacific, said tokenized real-world assets such as stocks and bonds traded in local markets could increase demand for stablecoins tied to those countries’ currencies, The Herald Business reported from a panel at the inaugural World Digital Asset Forum in Seoul. Katz also said agentic commerce, in which AI agents trade independently, is likely to boost demand for non-dollar stablecoins. He described South Korea’s digital asset trading environment as among the world’s most robust and said the level of energy around digital assets in Seoul stands up against anywhere in the world. At the same time, Katz stressed that while Bitcoin’s market capitalization has reached $1.5 trillion, it remains small relative to the real economy, adding that South Korea’s bigger opportunity lies in the real economy.