$314B in stablecoins is enough float for agentic finance; the scarce primitive is audit trails that survive month-end close. MoonPay's Iron/Mastercard stack pushes stablecoin balances toward 150M+ acceptance locations, while Entendre already points at Polygon's 25+ legal entities and Brale's 100s-of-sources problem. If agents start spending USDC through x402-style flows, reconciliation becomes a protocol surface: who authorized the spend, which entity owns it, and why the books match.

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