TechFlow News: On June 4, Morph released its report titled “The Agentic Economy,” forecasting that the global gross merchandise value (GMV) influenced by AI agents will exceed $500 billion by 2028. The report states that AI is evolving—from content-generation and recommendation tools—into economic participants capable of discovering goods, initiating payments, and completing transactions.
The report notes that Agentic Commerce infrastructure is coalescing around four layers: identity, authorization, checkout, and settlement. Standards including MCP, AP2, ACP, UCP, Visa’s Trusted Agent Protocol, ERC-8004, and x402 are collectively forming the technical stack for autonomous commercial interactions.
Morph predicts that, by 2028, stablecoin payments initiated by AI agents will surpass human-initiated payments in transaction volume, and one in ten U.S. households will routinely authorize AI agents to conduct purchases on their behalf.




