AI Could Unlock Crypto's Biggest Use Case, Says Franklin Templeton Exec

Franklin Templeton's Head of Digital Assets Sandy Kaul warns that Wall Street is struggling to fit crypto into its traditional investment playbook. The S&P 500's top 10 stocks now account for almost 40% of the index, and IBM shares plummeted 25.2% on July 14, 2026 due to an AI-driven capital shift.

Kaul argues that AI agents could boost demand for blockchain networks through low-cost payments, potentially unlocking crypto's biggest use case and boosting adoption, DeFi demand, DEX activity, and infrastructure investment.