Major U.S. lenders, including JPMorgan Chase & Co., are restricting agentic AI access to prevent unauthorized transactions, protect customer accounts and reduce security risks. | Bloomberg

Banks found it relatively easy to fend off the crypto bros. Artificial intelligence agents may prove a lot harder to tame.

This time last year, stablecoins were all the rage. Armed for the first time with legitimacy from the U.S. Genius Act, these 1:1 digital clones of the greenback seemed poised to go mainstream and take away some of the $19 trillion parked with U.S. lenders — and another $14.5 trillion in dollar deposits at overseas banks. Or so went the story.

A year later, the revolution seems to have fizzled out. Circle Internet Group, the issuer of USD Coin, is valued at $22 billion, down three-fifths from its June 2025 peak.…