Web3Labs CEO Caspar Wong says stablecoins could become the native currency for AI micropayments, with Hong Kong and South Korea as Web3’s twin engines

At GWDC 2026 Korea in Seoul, Web3Labs CEO Caspar Wong said stablecoins are moving well beyond their role as trading pairs and could become core infrastructure for borderless global payments, as well as the native currency for micropayments between AI systems. He also said Web3Labs is currently focused on two areas: stablecoins and AI agents. In his remarks, Wong described AI as shifting from static tools to agents capable of planning, executing, and transacting on their own, adding that Web3 infrastructure can provide stronger guarantees around transparency, ownership, and economic incentives. Wong also outlined Web3Labs’ operating model as an incubator from 0 to 1 and an accelerator from 1 to 100. He said the firm has established a 10 million-scale AI and Web3 ecosystem fund, received more than 2,500 startup applications globally over the past three years, run more than 10 incubation programs, and backed over 100 projects. Through events such as GWDC, he said, Web3Labs aims to build a technical and economic bridge between Hong Kong and South Korea and help the two markets become twin engines of the global Web3 push.