Alchemy engineer demos AI agent spending its own USDC: ~10-30 cents per API call, zero alpha

kleffew94 · x · 2026-09-04

Blake Duncan, engineer at Alchemy, recounts one of the first demos of the agent wallet: giving an agent USDC and letting it shop for services. It ran a Bitcoin market analysis via API calls costing about 10-30 cents each and concluded "nothing is going on" — technically functional but offering no trading alpha, illustrating both the promise and limits of autonomous agent payments.

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