AI agents are getting wallets: the Web3 infrastructure behind the machine economy

Cloudflare launched Cloudflare Wallets on August 4, 2026, enabling AI agents to hold stablecoin balances and transact autonomously with controlled spending limits. This development marks a significant step in the machine economy by allowing AI agents to make independent financial decisions within set permissions. Venture capitalist Varun Datta highlights this as a delegated authority system rather than just a payment feature, opening new investment opportunities.