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Meta's Chief Data Officer Says Agentic Commerce is the "Next Tier of Business"

News | 2026/07/11 02:01

Meta's Chief Data Officer Says Agentic Commerce is the "Next Tier of Business"

Alex Schultz says stablecoins are assumed inside Meta. The harder problem is getting the rest of the world there.

Meta's Chief Data Officer Alex Schultz discussed agentic commerce on CoinDesk Spotlight, stating it could represent the next tier of business for the company.

Schultz noted that the agentic economy is already present but not yet mainstream. He mentioned that Meta is building business agents for all businesses, with over a million active businesses using Meta agents currently.

He explained that agents can assist in various functions, such as coordinating a child's birthday party, which could scale to larger transactions like supply chain negotiations and financial settlements.

He also highlighted that stablecoins play a crucial role in this vision, predicting that physical wallets will become obsolete.

Schultz emphasized that the U.S. reliance on iMessage is

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