
Han Feng Guested on Huobi’s Influencer Lecture Series: From H2A to A2A—AI Agent Economy May Reshape Crypto’s Future Value System
TechFlow Selected TechFlow Selected

Han Feng Guested on Huobi’s Influencer Lecture Series: From H2A to A2A—AI Agent Economy May Reshape Crypto’s Future Value System
Han Feng: AI agents will become the largest real-world application scenario for crypto, and the A2A (Agent-to-Agent) economy is dawning—blockchain and stablecoins will serve as the core infrastructure for agent collaboration.
While the market continues to debate bull and bear cycles, ETF fund flows, and short-term price movements, a broader discussion is unfolding about the next decade of AI and crypto.
Recently, Han Feng—a Harvard University independent researcher, Corresponding Fellow of the National Academy of Artificial Intelligence (NAAI) in the U.S., and Lifetime Member of the Bitcoin Foundation—appeared on Huobi HTX’s “Industry Leaders Forum” Season 3. Under the theme “From H2A to A2A,” he shared insights on Agent Economy, Bitcoin, stablecoins, and the future development trajectory of digital society.

In Han Feng’s view, the crypto industry today stands at a pivotal juncture where old narratives are giving way to new ones. Although short-term market volatility persists, long-term industry value is not determined by price fluctuations—but rather by deep integration between technology and real-world industries. He points out that the convergence of AI and Web3 will give rise to an entirely new economic system—and Agent Economy is likely to become crypto’s largest real-world application.
From H2A to A2A: A “Frictionless” New Economy Takes Shape
Over the past decade, PC internet connected “people to people,” while mobile internet connected “people to servers.” Today, with the rapid advancement of AI technologies, we’re entering a new era—one where intelligent agents autonomously collaborate, make decisions, and execute tasks.
Han Feng argues that economic activity is gradually evolving from Human-to-Agent (H2A) toward Agent-to-Agent (A2A). As large numbers of AI agents independently conduct transactions, collaborate, allocate resources, and exchange value, a wholly new digital economy will accelerate its formation.
“Agent Economy will inevitably surpass human economy in scale,” Han Feng says. Compared to traditional economic systems, Agent Economy offers greater transparency, lower coordination costs, and higher execution efficiency—making it fundamentally a “frictionless” economic model. Like the transparent society depicted by Liu Cixin in The Three-Body Problem, it leaves no room for fraud or concealment.
AI Agents Will Become Crypto’s Largest Real-World Application
On the future direction of the crypto industry, Han Feng asserts: AI agents will become crypto’s largest real-world use case.
For years, the crypto industry has explored applications across payments, DeFi, and asset issuance—but has consistently grappled with the challenge of “insufficient breadth of authentic real-world applications.” The rise of AI agents is now opening an unprecedented demand aperture for crypto networks. Han Feng forecasts that as agent numbers grow exponentially, demand for micropayments, identity verification, trusted computation, on-chain settlement, and resource orchestration will surge accordingly—precisely the core strengths of blockchain and cryptographic technologies.
“Web3 will ultimately converge deeply with AI—that is the industry’s biggest opportunity ahead,” Han Feng states. Only when crypto infrastructure truly serves the collaboration and transactions among massive numbers of agents can crypto achieve genuine large-scale adoption.
During the livestream, Han Feng also highlighted his recent research findings on the integration of stablecoins and Agent Economy.
He notes that efficient operation of Agent Economy hinges on a value medium that is stable, transparent, and globally interoperable—and stablecoins built upon cryptographic consensus perfectly fulfill this role. Compared to traditional financial systems, stablecoins enable 24/7 settlement, global circulation, and programmable execution—making them ideally suited for high-frequency, low-value, automated value exchanges among future intelligent agents.
From Market Cycles to Industry Cycles: Crypto Is Entering a New Growth Logic
As an industry OG who entered crypto as early as 2013, Han Feng shared deep reflections on crypto’s long-term value, drawing on his investment and research experience.
He observes that every bull-and-bear cycle in crypto has coincided with dual upgrades—technological innovation and market understanding. From Bitcoin’s inception to Ethereum’s smart contract boom, from DeFi’s explosion to today’s emergence of AI Agent Economy, crypto has continuously self-evolved in search of broader application boundaries.
Today, more and more traditional financial institutions are rapidly embracing digital assets, constantly blurring industry boundaries. Han Feng believes practitioners and investors should look beyond short-term market noise to focus on the structural, systemic opportunities brought by AI–Web3 convergence.
Over the next decade, crypto’s greatest growth engine will no longer be pure financial speculation or bubble-driven hype—but rather the massive volume of authentic demand generated by the explosion of Agent Economy. When AI agents become new economic actors, crypto will inevitably evolve into foundational infrastructure supporting a new digital civilization—ushering in its own “Age of Exploration.”
As a knowledge-sharing initiative launched by Huobi Growth Academy, the Huobi Industry Leaders Forum will continue inviting top global scholars, industry leaders, and seasoned practitioners to engage in in-depth dialogues on crypto assets, artificial intelligence, Web3, and frontier technologies—helping users build systematic mental models and uncover the underlying logic driving technological and industrial evolution.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News