Crypto
AI Agents Set to Cut Financial Fees by Trillions
SharpLink CEO Joseph Chalom is predicting that AI agents could save investors $1.4 trillion annually by 2035, as they intensify fee competition across global finance.
In a public post, Chalom said his team modeled ten financial verticals and expects more than $1 trillion of industry revenue to become contestable by 2030, rising to $4 trillion by 2035. This forecast assumes agents will force providers to compete harder on price, potentially returning $350 billion to users annually by 2030 and $1.4 trillion five years later.
The competition is drawing in major players, including banks, brokers, payment companies, and crypto firms like Visa, Mastercard, Stripe, PayPal, Circle, Tether, Robinhood, Coinbase, and Binance.