Powered by blockchain and oracles, a long dormant part of the internet is finally realizing its potential. This is an open standard for payments that is powered by web3, but can be natively integrated into the normal web2. It can enable AI agents to pay for things or collect payment without relying on an intermediary like a bank.
Other use cases are instant global payments for any type of Transaction you would want, again without a third party.
Here is the press release :
