WalletConnect founder slams agentic payments as "overhyped". @WalletConnect founder @pedrouid has shared his lack of belief in blockchain based agentic finance, describing autonomous agent-to-agent commerce as "still mostly theoretical". He added that blockchain rails currently

What happened

WalletConnect co‑founder Pedro Uidas (Pedrouid) publicly criticized the concept of agentic payments, calling them overhyped and saying autonomous agent‑to‑agent commerce on blockchain is still mostly theoretical, and noting current blockchain infrastructure limits its practicality.

Confirmed

Global impact / market context

His doubts signal that a leading voice doubts near‑term viability of agentic finance, which could temper investor enthusiasm, slow funding for related startups, and push developers to focus on more proven blockchain uses and established solutions.

Analyst inference

The crypto sector has been buzzing about decentralized autonomous payments, but the founder’s skepticism highlights ongoing technical and regulatory hurdles, reminding the market that many blockchain‑based financial innovations remain in early stages and require significant development work.

Analyst inference

What to watch

1. Monitor developer interest in building agentic payment protocols on WalletConnect or other platforms, as early adoption signals whether the concept gains practical traction. Analyst inference
2. Watch for any statements or roadmap updates from WalletConnect regarding support for autonomous agent‑to‑agent transactions, which would show if the company shifts its stance. Analyst inference
3. Track venture capital funding trends for startups building agentic finance solutions, as reduced investment would indicate market skepticism gaining momentum overall sector. Analyst inference

Evidence

• x.com