As Trump Pushes, Banks Fall Into Fear… The Financial Revolution Stablecoins Will Create: Why Banks Will Struggle to Survive in the AI Era | CEO Jeong Gu-tae

Summary

Jeong Gu-tae, CEO of Infinite Block, discusses how stablecoins and AI agents could reshape payments and banking. He argues stablecoins are necessary digital payment rails for AI agents, threaten legacy banks and payment intermediaries, and are being used by the US to extend dollar hegemony and create new Treasury demand. He also expects Meta may re-enter stablecoins and sees Amazon and Walmart using stablecoins to cut fees and lock in customers.

• AI agents cannot use human-controlled bank accounts, making stablecoins a likely payment rail.
• Legacy banks and payment middlemen face disintermediation risk as stablecoins cut out physical and fee-heavy infrastructure.
• Meta's earlier Libra/Diem failure was largely regulatory and timing-related; the speaker expects Meta may re-enter.
• Amazon and Walmart could use stablecoins to reduce payment costs, lock in customers, and benefit from AI-agent commerce.
• US policy is using stablecoins to extend dollar access and dollar hegemony globally.
• Stablecoin reserve requirements could create new private-sector demand for US Treasuries.
• GENIUS Act legal clarity may enable stablecoin salaries and everyday payments by late 2026 or early 2027.
• Korean adoption may require labor-law changes, though the speaker says the technology is ready.