In this fireside conversation, Thredd's Brandon Ferris and Jonathan Vaux unpack why agentic commerce and stablecoins have become the defining themes in payments, and what they mean for the future of issuer processing.

What this conversation covers

• Why stablecoins are being taken seriously as settlement infrastructure, particularly in B2B and cross-border payments where fiat rails create friction
• How agentic commerce changes what issuers need to support at the authorisation and credential layer
• Multi-rail strategy in practice: what it means to operate across fiat and on-chain settlement from a single platform
• The four-party liability model and how it holds up as transactions become more programmable and autonomous
• Where client expectations are shifting and what infrastructure partners need to have in place to meet them

Featured speakers

Brandon Ferris — Head of Payments, Thredd
Brandon leads proposition development at Thredd, working with clients and partners to build the product frameworks that sit at the intersection of card issuance, digital assets and emerging payment rails.

Jonathan Vaux — Head of Propositions and Partnerships, Thredd
Jonathan leads Thredd's global propositions and partnerships function, with a particular focus on how evolving payment infrastructure, including stablecoins and agentic commerce, reshapes the opportunity set for issuers and programme managers.