Stripe Sessions 2026 | Keynote

All right. So, something fundamental changed at the start of this year. You know, we could all sort of feel it, but I want to show you the moment that it snapped into focus for me because the near vertical inflection that Patrick just showed us, it's not just happening at the macro level. You know, we're seeing the singularity within our products as well. So, this is the Stripe CLI. And for a long time, it barely moved. You know, the CLI was the province of a relatively narrow band of deeply technical Stripe aficionados. Then usage started ticking up just a bit last year, but then early this year, usage of the CLI exploded. So why?

What you're looking at here is the rise of agents. You know, we'd all been talking about the agentic era for years, but in a matter of weeks, we suddenly found ourselves, all of us, living in it. You know, it's here. And at Stripe, as for many of you, our daily reality is now building agents, designing evals, writing skills, and of course, redesigning our products to be used by agents.

It's easy to underestimate the implications of a near future where agents are autonomous economic actors responsible for most internet transactions. And just as agents work faster than we do, they're going to spend money a lot faster, too. So this is a huge economic opportunity if only we all can seize it. So how should we be preparing? We have a ton of exciting stuff to show you on that score today. So I hope your agent is diligently taking notes. But Sessions is also about giving you a peek into the future. You know, less talking and more showing. So what do you think? Should we just get the demos started?

All right. So, we all know that agents can write great code or they can write a ton of code fast and some of it usually works. What they can't do is package up an application for real users and put it on the public internet. Rather, they couldn't do that until last month we launched a private preview of Stripe Projects because Projects handles the other side of vibe coding, vibe deploying. So, let's see what it can do.

Well, at Stripe, you know, we care a great deal about APIs, in case you haven't noticed. So, for this demo, we built an agentic app that takes any public API and reviews it for legibility and developer ergonomics and all for a flat rate of $2 per review. You can see here that the app is just being hosted locally on my computer. So, let's see if Claude Code can one-shot deploy this using Stripe Projects. So, please quickly deploy my app using an agent sandbox and hosting.

All right. And please work because I am on stage. Okay. So while Claude does its thing, let me tell you a little bit more about Stripe Projects. So the idea for Projects came from our favorite source of inspiration. You all know for example this tweet last year from Andrej Karpathy. And you know he's right, in the era of agentic coding, building is like assembling IKEA furniture. You're juggling a dozen different services, creating accounts with each of them, bouncing between dashboards, copying and pasting secrets. And agents can't do any of this. You know, every single step requires a human.

And best of all, it empowers agents to do this autonomously. So, we launched in private preview last month, and there are many, many thousands of you on the wait list. Well, right now, we're raising the gates and making Stripe Projects available to everyone.

So, we already have great partners, and if you want to join the ranks, please come see us downstairs in the apps. Okay, let's go check in on our friend Claude. Okay. And it claims it worked. But before we check, let's just go through the output log here. So, first thing it did was choose a set of providers. So, Vercel for hosting. We got Supabase for the database and then Runloop for the agent sandbox. Looks like it pulled some credentials, some secrets here. And again, it says it was successful, but you know, agents can be a bit overly optimistic. So, let's just copy the URL and we'll head back to the browser. Moment of truth. See if it actually made it to the web. And boom, there you go. The app is live. And I mean actually live. You know, over the course of building this, we heard from many of you that you actually wanted to use it. And so, as of right now, it's available to all of you and of course to your agents.

Okay, so we just one-shot deployment with Projects. So that's pretty cool. But think back to that future that we imagined earlier. You know, one where agents are autonomous economic actors responsible for most internet transactions. And this is highly non-trivial because on the internet, you know, pricing pages, checkout forms, these were all designed for us. And agents need entirely new modalities. So we built some a few months back. We launched the Machine Payments Protocol or MPP in collaboration with our friends at Tempo. Now MPP is an open standard that lets any service tell agents that payment is required and how to pay all directly over HTTP. So I've already used Stripe to integrate MPP into this app. But even if the app is ready to accept agentic payments, how do we give an agent a payment credential in the first place? And how can we trust them to use it responsibly? Well, it turns out we already have something perfect for this. Link. So today we're launching Link's new wallet for agents. Let you securely empower agents to spend on your behalf. Your payment credentials are never exposed and you approve every purchase.

So let's go see if we can close the loop. Can another agent autonomously buy an API from the agent who built and deployed the app? So, I was using Claude for the first agent, the builder, but now I'm going to use Codex. I'm going to do it in dark mode just to keep them sort of visually distinct. I'm not going to tell it anything about MPP or Link. I'm just going to ask it to get me a review for an API from Privy. So, get me a review of this API. And Privy is our crypto wallet solution for anyone not familiar. So grab this URL. All right. And off you go. So it's going to request the review. You can see right away it notices that the app is using MPP and accepts card payments. And here you can see that the agent has realized that it can use Link and that's what it's intending to do. It's extracted the amount. So 200 cents. So $2.

It's taking its time. All right. And this is important. You can see it's sending me over to the Link app for my approval. Wish I could just command double click, but say love. So, here we are in the Link app. I can see what I'm buying. A $2 review. And my Visa card here. So, let me approve that. Give it my thumbprint. Okay. So, if you've been to Sessions before, you've seen a payment or two on this stage, but you've never seen one like this because this is fully autonomous. Two agents attempting a real value exchange right before our eyes. So, fingers crossed. It's got the approval. And there we go. Autonomous payment accepted.

Months ago, you know, that very idea would have sounded futuristic. But now, when you string together the Machine Payments and the Link wallet for agents, we're really on the precipice of agents building, buying, and selling software autonomously. We still have to do the day-to-day work of serving all of our customers. So, we're working hard to help you with both. And over the next hour, we'll run through a ton of upgrades across payments, radar, revenue, money management, and embedded finance. Propelling your business and of course how Stripe's economic infrastructure for AI can boost your growth in this new agentic era. So let's dive in. Starting with payments, here's Kevin.

Thanks, Will. Payments has always been the beating heart of your business and ours. And as you've just seen, payments is about to meet a new kind of buyer, agents. Today, I'll show you how we can help you stay ahead. I'll share how you can get ready for Agentic Commerce and how you can boost your revenue with high performing checkouts and global payments optimizations.

Let's start with Agentic Commerce. We think of this as a spectrum where at one end, agents help customers discover, but the human still chooses and buys. In the middle, the human chooses and the agent checks out. And at the far end, the agent discovers and buys. But what we don't know yet is when and how consumer behavior will change. But you shouldn't have to bet on that. And so we built the infrastructure to help you thrive no matter how it unfolds. We're already seeing demand across verticals from retail and media to SaaS and travel. And let me give you a rundown of what we've been up to. With Microsoft and OpenAI, we're making products discoverable inside Copilot and ChatGPT. With Meta, we're powering checkout right inside ads. And to reach customers everywhere, you need to be where billions of people search every day. And so today, we're going even further with a big new announcement. We have partnered with Google, so your customers will soon be able to buy from you right inside AI Mode and the Gemini app. Quint, Fanatics, and JD Sports are coming soon. So that's Google, OpenAI, Microsoft, Meta. Four of the biggest AI players, all shaping new commerce experiences with Stripe.

But now let's go to the other end of the spectrum. Agents buying directly from you. For that, we built the Machine Payments Protocol, MPP. If you offer services via APIs, MPP is a great way to acquire new customers. And as you can see, MPP has already achieved the highest honor for a payments protocol. People are voluntarily posting about it on the internet. So whether you're selling inside AI services or directly to agents with MPP, it all runs through the Agentic Commerce suite. You can integrate with Stripe. Your products become legible to agents. You remain the merchant of record. And Stripe handles checkout, payments, and fraud prevention. And today, I'm pleased to announce that Shopify will become the preferred catalog provider for retailers that want to integrate with the Agentic Commerce suite. And we're also adding support for platforms on Stripe. We're making it easy for platforms to offer this new growth channel to their customers. And those businesses can sell without having to integrate with agents. Platforms like Wix and CommerceTools and enterprises like Best Buy and Kate Spade are already building with the Agentic Commerce suite. And as more agents and modalities emerge, our suite will expand with them. So no matter what you sell, how you sell it, or who you sell it to, our suite will have you covered.

But none of this scales if your customers can't empower their agents to make payments. And as we showed earlier, we're making Link the wallet for agents. It's already a network of more than a quarter billion users. It drives a 5% lift in conversion for returning customers. And now, right in the Stripe dashboard, you can easily see how Link is performing for your business. Link now supports UPI used by over 500 million people in India, Pix used by over 160 million people in Brazil, and stablecoins to provide global reach. So you can serve more customers with the lowest cost payment methods they already use.

Now let's talk about what's new with our optimized checkout suite. So many of you use it for payment surfaces, local currency presentment, language localization, and more to boost your conversion globally. Businesses using Stripe Checkout, our fully hosted checkout page, grew their revenue two times faster on average. Two times faster. And we often hear you talk about a flywheel to increase conversion. You configure new checkouts, you analyze them, and then you optimize them. And we want to help make that flywheel spin faster. And so today, I'm very excited to announce Checkout Studio, a new place for you to configure and optimize checkouts for conversion. Now you can see all your checkouts side by side. Analyze performance. I think of it as mug shot for your checkout flows. Who did it? Who lowered our conversion yesterday? You can build your custom rules and you can run A/B tests for payment methods.

And now many of you use Payment Element to build checkouts on your websites with our UI components. But you also want a highly adaptive checkout that can show up anywhere from apps to chat bots to agentic surfaces. And so today we're introducing a more customizable embedded form. And to make it really easy to build your checkouts, we're also introducing a visual builder. Felix, thanks for joining us at the demo desk. How quickly can you design an embedded form?

Let's find out. I just have to hit create checkout. And immediately you see the new option that Kevin's been talking about, the embedded form. So let's just make one for my support chat UI. I'll just call it support chat UI. Easy. Now, in the middle here is the new visual builder and down all the left are all my controls and tools. So, we can let's say collect customer names and you can immediately see the preview updating with that. Now, it's honestly a little bright up here. So, I kind of want to turn it down a bit and so let's go dark mode. All right, that's much better for me. Now, I can also add custom components. So in this case, let's say I want to add a checkbox and we'll say join my newsletter. And I can even use these drop zones and add it right here on the checkout. I just hit save. And my checkout looks pretty good. So when I'm ready, I just hit implement. And they give me this lovely code snippet right here. Except I barely remember how to code anymore. So, this handy dandy copy for LLM button, I hit that and I have something to hand to my agent. So, I just went from start to visualizer to prompt all in a few clicks.

Thanks, Felix. With the new Checkout Studio, you can configure and optimize a new checkout in just a few minutes. But now, let's talk about global expansion. It sounds so great on paper, and then reality sets in. Suddenly, it's taxes, compliance, support, a very long to-do list. That's why we built Stripe Managed Payments, our merchant of record solution. It helps companies like Unity, Revenue Cat, and Lovable to expand in 195 markets with far less operational complexity. And as of today, Stripe Managed Payments is generally available. And we also know that localizing your prices globally is hard. You have to manage FX, currency exposure, and payment method compatibility. That's where Adaptive Pricing comes in. And we've actually been surprised by its results. A 17.8% average increase in cross-border revenue and a 5% average increase in authorization. It now also localizes your subscription prices. So subscription businesses from startups to enterprises have seen a 4.7% uplift with Adaptive Pricing. That is a lot of additional revenue with very little effort.

We've also done a lot of hard work to make payment methods operate cross-border as well as support recurring payments and just behaving the way you expect. That's a level of standardization that's only available on Stripe. When Gamma, one of the fastest growing AI companies, started accepting UPI, their revenue in India jumped 22% in the same month. Amazing.

Now, let's talk about selling in person globally. Over 900,000 businesses, including enterprises like Hertz, use Stripe Terminal for in-person payments in 25 countries. This year, Stripe Terminal is expanding to 15 additional markets, and we have an incredible roster of terminal devices. The S710 is our handheld device with cellular support, and it's been a hit. But today, I'm pleased to announce the Stripe Reader T600. Now, first off, I'm sure you can tell that we had to burn a lot of tokens to come up with that name, but it's a customer-facing display and it can power some premium checkout experiences like loyalty programs and upsells with custom apps.

But revenue optimization doesn't end at checkout. And last year, we introduced Auth Boost. It automatically updates cards, routes transactions across networks, and determines when to retry failed payments. Let's take a look at how it's doing. We found businesses can see a 3.8% lift in auth rates and up to 3.3% in cost savings. And now you can use an A/B test to measure Auth Boost's impact. With Auth Boost, you can drive more revenue and lower your costs.

But now I want to give you a little glimpse of something we're actively developing. We are taking everything we know about growing businesses faster on Stripe and making it all available through an agentic expert called Stripe Console. Felix, can you give us a sneak peek?

This is the Stripe Console. So, I can ask it something like how many payments were refunded yesterday and it will lovingly tell me 17. Neat, helpful. But Console is not a refunds lookup tool. It's a fully-fledged AI agent for your Stripe account capable of answering questions, investigating, and taking action on your Stripe data. So, let's push it a bit harder. And I want to know how is my business doing month-to-date. Now, Console is running a bunch of tasks in parallel, and you can see that down here. And it's pulling all my data on Stripe to generate charts for me. And so, oh, here's transactions, here's revenue, and here's conversion rate by country. That's great. But it's not just pulling data. It's also done some thinking. So, if you look here, it's noticed that conversion rates in Brazil are lower than other regions. And it's even encouraged me to enable Pix, which I think that makes sense. But most proactively, it's even offered to set up an A/B test for me, which sounds great to me. So, let's just tell it exclamation mark. Now, Console is going to figure out the tool calls it needs to make and it's going to ask me for confirmation. It's checking with me to proceed because this is going to be a user-facing change. And so, let's do it live. It's loading up my payment configuration. It's adding Pix to my checkout in Brazil. And there it is. Our A/B test is live and created right from the Stripe Console.

Amazing. Thanks, Felix. Now, yes, some agents are optimized to be friendly and some are optimized to be creative. Console is a general purpose agent optimized to look at your Stripe account and ask, 'How can I grow faster?' So whether you're selling to humans or agents, expanding globally with localized experiences, or optimizing your payments performance, Stripe helps your business thrive. Now, to tell you more about the future of commerce, please welcome Ginger Baker, Vice President of Product for Meta, and Will back to the stage.

So Ginger, thank you for being here. Questions.

Thanks for having us. It's like the full fintech family again out here.

And so you know when we all think about Meta, first thing that comes to mind, you know, world's dominant social platform. Don't always think about commerce right away, but here you're at Stripe Sessions. So why are you here?

Yeah, Meta is many things to many people, but at our core, we build technology that helps people to connect. We have 3.5 billion people that use one of our apps each day. And when they use those apps, they're looking to connect with others. Whether or not it's through text they post on Threads or a video they may post on Facebook or content they create on Instagram. It's all about using different forms of digital content to connect to one another. And what is money other than another form of digital content? And so if we aren't able to make money move as seamlessly as other forms of digital content through our services, it feels like we're missing out on a real opportunity to help people connect with one another.

And so social commerce, you know, I think when we hear that, you think about scrolling and, you know, maybe tapping on an ad, but now we're in this agentic era. How's that going to change?

Well, let's talk about what it looks like today. So for folks in the audience, how many people used Instagram this week? No judgment. No judgment, Instagram users. Okay, so you know the experience then for you, you see something that your friend has posted. Maybe it's a pair of gold snake earrings and you really want that item. But what are you going to do today? Today you have to reverse image search, try to figure out what brand the item came from, find the website, create an account, you know, enter your credit card information to check out. And I just think it's really exciting to think about a world in which you don't have to do that. Where you can go through your friend's photo and even just on clicking on the photo, you can get information about the brand that made the item, information about the price or the size or whatever you need. And without ever leaving the experience that you're in, you check out. It's related to what Kevin was just talking about that we launched together.

I didn't know people were judging me for using Instagram.

No, I don't think it's judgy. Clearly I shop on Instagram pretty frequently.

More in-situ experiences. So, you're not going to be bouncing around. You're thinking right there on the page.

That's right. I mean, from discovery to purchase, it all takes place in the same experience. And that's what the power of AI, I think, really is, is all of those steps that you used to need to go through to satisfy your desire of the thing that you were inspired by can now be done. Everything from inspiration to purchase happens in a single seamless experience.

You guys of course a uniquely global platform and as we've discussed, you're trying to do commerce worldwide. So what are the challenges and how are you, you know, getting around them?

Yeah, we operate in just about every country in the world. And because we operate in all those countries as I mentioned, money also needs to move seamlessly and safely in all of those countries. And so given the vast breadth that we have not only in our surfaces and our products and our wearables and everything that we have, we must rely on partners to build out this infrastructure with us to ensure that we connect businesses and people in the way that matters most to them with money. And so as a result, we rely very heavily on partners. I'll use the example of creators because they're a pretty diverse group. So creators today, you can have a small solo artisan in Indonesia who manages their business almost solely on WhatsApp or you can have a brand, celebrity brand in the United States who manages a multi-million dollar business across many of our products and services. And all of them need something different. They're going to get paid by us in a different way. They're going to receive payment from the people that they interact with in a different way. And so we rely very heavily on our partners like Stripe. One example here is for creators specifically. Yeah, we're working with Stripe as a partner to enable creators to get paid out in stablecoins in select markets now. And it's just an example of trying to meet people where they are and give them the payment methods and tools that they want. And for us, it's super important because Stripe can handle the licensing, the on-ramps, the custody, the off-ramps, all of the things that we don't want to do, and we can focus on the experience and the relationship that's so important for us with creators.

So, how many markets will stablecoins get you to?

Well, I think that's the question for you, Will.

We'll get to this a bit later, but at least 160 by the end of the year.

Okay, fantastic. Yeah.

All right. One last one for you. So, AI keeps surprising us. Timelines keep compressing. What's one thing that we may all think is sort of radical sounding today that in two years might seem obvious?

I think that payments will pivot from being a moment to being a policy. And I think it feels radical today because that policy will be something that you set with your agent most likely and that policy will be scripted with guardrails that say please spend, you know, only up to $50 on groceries this week. Always preference this card. Never do an authorization for a payment over $500. And those policy and guardrails are things that someone other than yourself or something other than yourself is going to be operating by. And so I think it feels radical today to suggest that we would just completely, you know, give something else permission to manage our financial transactions, but I think that that's going to be the reality we're in.

Yeah. Moment to policy. I like that. Well, thank you again. We love our partnership.

Yes. And next up we've got Emily to tell us about Stripe Radar.

AI is creating entirely new terrain for fraud. Bad actors are no longer just stealing money or credentials. Increasingly, they're also stealing tokens. In AI, every prompt, every API call, every token has a real cost. And as more of you embed AI into your products, token theft has become one of the most urgent challenges you face. Radar is our fraud prevention product. It started with protecting you from fraud on card payments. Today, I'll show you how we transformed Radar to protect far more of your business, your tokens, your funnel, every transaction, and with more control than ever. The most ambitious AI companies trust Radar, OpenAI, Anthropic, ElevenLabs, Cursor. So do some of the world's most established businesses like Pepsi and Hertz. So, let me walk you through three of the fastest growing fraud patterns we see across the Stripe network. And by the way, also in your tweets.

The first is multi-account abuse. And this happens well before any payment credentials are entered. So a bad actor signs up again and again and again, stealing new user credits every time. Across Stripe, one in six signups at AI companies are involved in multi-account abuse, and they've been nearly impossible to stop until now. Radar evaluates each new account in real time so you can block before a single token is burned. Our solution is drawing on signals from prior abuse across the entire Stripe network. So device fingerprints and IP addresses and email domains and a whole lot more. For one AI company, 80% of the bad actors Radar caught had sailed right through their existing provider.

Another fraud pattern that's escalating quickly is free trial abuse. In just the last six months, free trial abuse has more than doubled. And the last month, particularly ugly for AI businesses, every abusive trial burns real inference costs. One company we work with was bleeding over $500 on tokens to acquire each paying customer. How, you might ask? They were bankrolling 25 trials just to get one conversion. Now, not every failed trial is abusive, but enough of them are that the economics clearly break, and you're left with a painful trade-off. Either you keep the free trial and let abuse eat your margin, or you kill it, and growth slows. Well, Radar now removes that trade-off. You can turn on free trial abuse prevention in the Stripe dashboard with one click. Radar predicts which trials are abusive, letting good users through while keeping bad actors away from your tokens. You just saw free trial abuse accelerating right now. Watch what happens when we isolate the businesses that adopted our solution. A similar exponential curve and then at adoption a dramatic drop in abuse across eight high growth AI businesses. Radar blocked more than 3.3 million risky free trial attempts in the last month alone.

Okay. And then there's pay-as-you-go abuse. So this is a customer coming in consuming thousands of dollars of tokens over the course of the month getting billed at the end and then never paying. It's like a Michelin starred all-you-can-eat dine and dash but for tokens. Radar now predicts non-payment as that usage accumulates which means well before the bill comes due, you can require a top-up or cut off service or take whatever action fits your risk tolerance.

So stopping token theft solves a growing part of the problem. But most fraud today still happens at the transaction level. So we've also expanded Radar's coverage of your transactions. Last year we took Radar beyond cards to ACH and SEPA. Today we're going further, a lot further, expanding Radar to block high-risk transactions across more payment methods. Now I'm not going to read them all out because, well, it's all of them. Yes, Radar now protects all of your Stripe payment volume. And by the way, this extends beyond Stripe, too. Radar's same risk scores are available via API for your off-Stripe volume. So, one unified fraud layer for your entire business.

You guys are my people. I love it. Okay. Broader coverage also means the full transaction life cycle. So from the moment of purchase all the way through to disputes for the disputes that are worth fighting. Smart Disputes compiles and submits the evidence for you and it recovers 18% more revenue. But now it also tells you exactly what would strengthen your case. Upload that additional evidence. Smart Disputes recompiles the package and you win three times more often. Finally, we're making Radar more customizable. You can set your risk tolerance and let Radar just adapt to you, balancing fraud protection with your growth objectives. And for those of you who want even more control over how you fight fraud, I'm excited to share that we're starting to offer custom fraud models for your most bespoke needs. You pass us signals unique to your business, product catalog, loyalty data, whatever is relevant, and we marry them with our network data to deploy a model fitted just to you. For every one of our early adopters, custom models are detecting at least 15% more fraud with no increase in false positives. So with Radar, you can now defend against new types of fraud, including token theft. Protect all of your payments on Stripe. Protect your payments off-Stripe with that same rigor. Win more disputes and use custom models to meet your bespoke needs. Now, to tell you all about how we're upgrading our revenue suite, here's Tanya.

For most of the last 20 years, revenue models have pretty much remained the same. But in the last two years, that's completely changed. The market has moved to pricing based on usage, on outcomes, on hybrid models, and increasingly on tokens. This means that your ability to compete depends on a revenue system that can keep up. That's why companies like OpenAI, Lovable, Notion, Zoom, and many more run on the Stripe revenue suite, which includes billing, tax, invoicing, and our data products. Today, I want to show you three ways that we're upgrading it. First, we're enabling entirely new AI-native business models. Second, we're making Stripe more programmable than ever. And finally, we're making your data more accessible in real time.

So let's start with business models. If you're an AI-native business or really any business leaning into AI, you face the same challenge. You need a business model that can handle the agent-fueled explosion in token maxing. Now the first step is tracking token consumption in real time. But with agents, this is actually a huge distributed systems problem where every millisecond matters. This is why we acquired Metronome, a billing engine that runs as fast as agents do. With Metronome, we're building real-time metering. That's counting every token your customers use. Real-time rating, that's applying your pricing to every single one of those tokens as they're consumed. And real-time alerting, so you can cap customers and agents before they outspend their token budget. Now, to see it in action, let's welcome Will back to the stage.

Thanks so much. $2 flat fee per review is costing us more than $2 worth of computing. So we're going to change the pricing page. Now it's going to be $3 per 1 million tokens and customers are going to prepay for a block of tokens and when they run out Metronome will stop their agents from completing the reviews. So, let's say Tanya here is our customer and this time you've asked us to review a whole block of Privy APIs. You're a real crypto wallet enthusiast and we'll give each agent a $3 token allowance. We'll fire them off. And I've got this dashboard here also so we can see a live visualization of them working. So, here we go. And off they go. You can see they're each reviewing their own API and some

are finishing like this one turning green. But some are not thanks to Metronome's realtime rating. And by telling us precisely when an agent is out of tokens, Metronome has saved us from extending credit to Tanya and burning even one extra unpaid token. But this is also a problem because I might be a great trustworthy customer getting incomplete reviews as I run out of tokens. So, I could top you up with more, but I might also be a fraudster. And as we heard from Emily earlier, token theft is a huge problem. I've known you a long time, and you're a bit sketchy. So, I don't want a trail of burnt tokens and unpaid bills. So, how do we solve this? Well, what if I could get paid irreversibly in real time for every token burnt? What if you could stream payments the same rate that you can burn tokens? Well, stepping back, payment systems today just simply can't do this. You can't do with cards. You can't do with ACH or UPI or pick. And beyond payments, you actually need a different kind of money. You can't do with fiat. You need stable coins to be able to charge minute sums by the millisecond. So, we need to process and settlements at speed. And that's exactly why we built Tempo. It's a blockchain designed specifically for payments. So, Tanya, I'm going to change up my pricing. Here's my new pricing page, and I'm going to charge you by the token. And this time, I'm going to collect payments in real time for each token, and I'm going to do it by streaming stable coins on Tempo. So, let's reset the dashboard. And we will fire off these agents again. And if this works, you'll see the agents token use ticking up on the left. On the right, you'll see real live stable coin micropayments streaming in. And as far as we know, no one's actually done this before. So, we're going to launch the world's first ever tokens paid as burned business model right here on stage. We're going to do it by streaming stable coins on Tempo.

So, if you pull this off, we can say we've launched America's next top model.

Sweet. The world's top new business model. Okay. So, I'm going to set these agents off. We're going to say just a little prayer to the Moscone demo gods. And here we go. So you can see the agents burning tokens and the payments streaming alongside. Now no agents are getting throttled and there's no risk to me. Now let's head over to this is fun. The tempo block explorer. So this is the actual tempo blockchain. You can see here the payment stream that was opened. Let's see if we can zoom in here. There we go. $3.30 that total. If I scroll down, you can see these thousands and thousands and thousands of subsent. You know, this is 3,000th of a cent that make up that total. So, let's head back. All the agents are done. And that's it. We just launched a world's first streaming payments business right here on the stage at Moscone. And now this is only possible because of metronome tempo and stable coins tracking and paying for these tokens in real time. So this is a really visceral example of how stripe is building the economic infrastructure for AI. Now to hear more about tempo and agentic payments, let's welcome Georgios Constandus, the CTO of Tempo and Paradigm to the stage.

It's good to see you.

Good to see you.

Thanks for being here.

It's wonderful to see our technology shown and you launching new business models on stage.