Definition
Programmable payments are transfers and settlements whose rules (conditions, routing, compliance hooks) can be encoded in software or smart contracts — often using stablecoin rails.
Key Points
- 2026-07-23: toss / Toss Bank MOU with circle explores USDC wallets and programmable onchain payments (2026-07-23-circle-kakao-toss-yonhap)
- Distinct from issuing a local fiat stablecoin; infrastructure exploration
- Ties to agentic-commerce and bank-fiat connectivity experiments