According to PANews, Pundi X Labs released a report (The Current Status of AI in Crypto Payments) to explore the role of AI in the crypto payment system and the opportunities and challenges it brings.
The report shows that 64% of respondents are willing to try encrypted payments, demonstrating the market potential. Companies in Argentina, Singapore and the United States are exploring AI tools to address technical challenges.
AI's ability to detect fraud in real time improves security, and 47.8% of respondents believe that AI can simplify processes and enhance security. 29.6% are concerned about lack of expertise, and 25.5% are concerned about data privacy.
Stablecoins have become the first choice for cross-border payments due to their low volatility, and companies in places like Singapore prioritize training and cost management. The report provides practical insights for policymakers to promote a safer and more efficient digital economy.