Stripe doubled down on agentic commerce as a platform direction, shipping infrastructure for AI agents to transact natively alongside tooling to help merchants optimize those interactions. The Machine Payments Protocol launched as an open standard for agent-to-merchant payments, while Adaptive Pricing expanded to subscriptions and delivered measurable lift—4.7% higher conversion and 5.4% higher LTV in a 1.5M session test. Radar shifted focus to first-party fraud, detecting 6.2x more abusive free trials in recent months and adding one-click prevention that reaches 90% accuracy.