Recorded live at Stripe Tour Shanghai, this special episode of Money in Motion features Kevin Miller, Head of Payments, Risk, Support & Global at Stripe. As AI agents begin to consume content, call APIs, compare products, and make purchases on our behalf, the payments question is changing. It is no longer only whether a machine can complete a transaction. It is also who can authorize it, who controls the flow of funds, and who is responsible when an agent makes the wrong decision. Kevin explains why token usage is becoming a real cost-management problem for companies, and why trust and security must be designed into agentic commerce from the start. The conversation also covers what Chinese companies need when they build globally from day one: local payment methods, cross-border and recurring payments, dispute and chargeback handling, onboarding, and access to financial infrastructure across markets. GUEST Kevin Miller Head of Payments, Risk, Support & Global at Stripe HOSTS Will (A-Wang) Lawyer at Kinding Law Firm, focused on Fintech, cross-border payments, on-chain finance, and AI business. Editor of Dooke Fintech. His work measures value amid noise and traces the direction of money over time. Yuki Liu CEO of Stablehunter; serial entrepreneur for more than 10 years; Forbes 30 Under 30; Global Shaper. Editor of Stablehunter. Money is changing, and so are the “people” who use it. She documents shifts in financial infrastructure and ways of working in the AI-native era, exploring with Fintech practitioners how to understand, use, and navigate agents. IN THIS EPISODE • Why Stripe sees itself as financial infrastructure, not only a payments company. • How token usage is becoming a cost that businesses need to allocate, monitor, and control. • Why Kevin believes agents are already beginning to reach mainstream users. • How trust, authorization, and security change when agents can spend on a user’s behalf. • Why an AI wallet can act as a trusted control layer between users, agents, and their money. • What globally ambitious Chinese companies need beyond basic payment-method coverage. CHAPTERS 00:00 Introduction: payments, trust, and responsibility in agentic commerce 00:47 Kevin Miller on his role at Stripe and agentic commerce 01:13 Building programmable financial infrastructure 02:58 Stripe as financial infrastructure, beyond payments 04:15 From cloud spend to token spend: managing the economics of AI 05:34 Has the agent economy already reached its “iPhone moment”? 07:45 Designing trust, security, and authorization for agent-led transactions 09:01 What Chinese companies need to build globally from day one 11:04 Closing the conversation 11:13 Outro: responsibility is the real challenge beyond machine payments ABOUT MONEY IN MOTION Money in Motion explores how money moves between APAC and the world, and how AI, payment infrastructure, and new business models are changing who initiates transactions, how they are executed, and where responsibility sits.
