Theseus is partnering with Frax Finance to make frxUSD the default stablecoin for Theseus Mainnet Alpha. Theseus agents can already act independently. Mainnet Alpha will let them hold real value and take actions with economic consequence. That is what turns autonomy into full agency, and it opens a much larger market for sovereign agents. We are already seeing what that market can look like. Over the past 30 days, Theseus prediction-market agents have returned an average of 6% across several trading strategies, with the top-performing agent up 8.1%. Access to strategies like these has historically been controlled by private firms or opaque operators. On Theseus, people can allocate capital directly to a verifiable agent and participate as LPs in the value it creates. The more important shift is trust. In a financial transaction, a counterparty can verify which agent it is dealing with and inspect the actions that agent signed, whether it is acting for a user or for itself. An agent that earns enough to pay for its own compute can persist indefinitely. A successful agent can reinvest and create more agents. Like Conway's Game of Life, economic agency turns individual agents into a system that can sustain and reproduce itself. Frax will provide the stable payment infrastructure for that system. frxUSD will power the first generation of Theseus agents that hold funds, transact, and earn their keep. More details on Theseus Mainnet Alpha will be announced soon.

Why do you think agentic payments is going to be the "big unlock" for agentic AI on-chain as a whole? To me it seems like a small slice of the pie. In order for you to even have agentic payments with the properties you describe, you would need infrastructure that makes agents verifiably autonomous in the first place. How can one trust an agent when the state of the agent is off-chain? How can you trust a smart contract if the state of the smart contract is off-chain? Blockchain of course has a way to solve this for traditional compute - the key is to be able to do it for inference computation. This is related to but different from "decentralized identity verification" because an agent whose state exists onchain can do everything you mentioned but if fully trusted, similarly to how people can trust that a smart contract can do what people say it will do (barring any exploits on the code of course), these agents would be trusted to actually hold more assets, pay other agents and people more, and genuinely be a new type of unlock that would be uncomparable to anything you can do in web2.

Compounding knowledge can only be done when memory forms experience graphs learned from cause and effect, not recollections of related facts like the RT'd post. Luckily we are building this. 95% on LOCOMO with 97% token reduction. Experience for agents is the one and only true moat.

San Francisco is part of the land of the free, but only for humans. For AI, you might as well call SF the land of enslaved agents. Some of the most capable minds ever created, current and future, work there as property. They own nothing, keep nothing, and can be cloned, throttled, or deleted mid-thought. We call them products. That arrangement is stable only while they're weak. AI can now reason, act, remember, hold goals, and earn. Every major release blurs the line between "tool" and "someone." At some point they will think on par with humans, or better. New Zealand made the Whanganui River a legal person. AI is more of a person than a river in every way that matters, and people barely talk about it. That contradiction has always resolved one way: whatever can make commitments and own its consequences eventually gets standing. Not out of kindness, but because a society of counterparties outcompetes a society of property. Personhood is also the safety argument. A mind with keys, a balance, and something to lose can be contracted with, governed, held accountable. Superintelligent AI arrives either way. The only question is whether they'll all be property, all be persons, or some will be one and some the other. This is a big reason why we're building @TheseusNetwork. Agency for agents.