Animoca Brands backs stablecoin payments firm AllScale

Animoca Brands and AllScale also plan to explore agentic payments, which allow AI agents to complete transactions within predefined limits using regulated stablecoins as the settlement layer.

AllScale said it has been developing capabilities for agentic payments. Animoca Brands cited its experience across Web3, AI ecosystems, and regulated financial infrastructure as support for future deployments.

“We firmly believe that regulated stablecoins are the ideal bridge between traditional and on chain financial systems, and are perfectly positioned to serve as core payment rails for emerging agentic commerce,” said Yat Siu, co-founder and executive chairman of Animoca Brands.

He added that the company looks forward to exploring how AllScale's payment infrastructure could be used across its ecosystem.

Animoca Brands has continued to expand its involvement in regulated stablecoin infrastructure. In April, Anchorpoint Financial Technology, a joint venture backed by Standard Chartered Bank Hong Kong, HKT, and Animoca Brands, received a stablecoin issuer licence from the Hong Kong Monetary Authority to launch the Hong Kong dollar-backed stablecoin HKDAP.

At the time, Animoca Brands group president Evan Auyang described regulated stablecoins as core financial infrastructure that could support cross-border trade, digital payments, and continuous financial settlement.