Free research report · v1.3 · June 2026

State of the Stack: Agentic Commerce 2026

State of the Stack: Agentic Commerce 2026 report cover

The infrastructure for AI agents to spend money exists. The governance to decide when they should does not. This report is the long version of that sentence.

State of the Stack is the product of nearly 200 articles covering agentic commerce infrastructure since early 2025. It tracks every protocol launch, every production deployment, and every regulatory silence. Version 1.3 records the month, June 2026, that agentic payments crossed from pilot into named, shipping infrastructure on both rails at once, and re-scores the report's predictions at the mid-year mark.

What is inside
  • The protocol landscape: six competing protocols mapped against the transaction lifecycle
  • The data: market sizing versus deployed reality, with headline counts kept separate from verified usage
  • The thirteen themes that defined the past twelve months
  • What failed, and the six pieces of infrastructure that still do not exist
  • Ten falsifiable predictions, scored at mid-year
  • Appendices: protocol matrix, economics, regulatory tracker, changelog, and sources

Prefer to read it on the site? Read the report online.