Stripe’s newly launched Machine Payments Protocol (MPP) could mark a turning point for micropayments — a long-promised but underutilized use case in crypto and beyond — as AI agents reshape how transactions are made.That’s the key takeaway from newly published analysis by Forrester senior analyst Meng Liu, who argues that MPP may succeed where decades of earlier efforts failed.Introduced earlier this month, MPP enables AI agents to execute transactions automatically, removing the need for human approval at each step. It is described as an open protocol for coordinating payments between AI agents and services. Liu frames this as a structural…

Backpack Exchange, a Solana-based cryptocurrency trading platform, launched on Monday its native token, BP, detailing a token generation event (TGE) that includes a mix of user distribution, lockups and a mechanism tied to company equity.At launch, 25% of the token’s 1 billion total supply—around 250 million BP—will be distributed, primarily through an airdrop to existing users. Most of that allocation is set aside for participants in Backpack’s points program, with a smaller portion reserved for holders of its “Mad Lads NFT collection.”The company said no tokens have been allocated to founders, team members or investors at inception, a departure from…

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