The AI Agents Foundation (AAIF), backed by the Linux Foundation, formally launched on December 10 with a lineup including Google, Microsoft, Amazon, OpenAI, Bloomberg, and Cloudflare. The initiative aims to standardize governance for open source AI interoperability and bolster security around cross‑agent interactions, reducing fragmentation in a rapidly evolving AI ecosystem.

AAIF will champion unified standards for pivotal open source projects such as MCP, OpenAI Agents.md, and Block Goose, seeking consistent interfaces and data schemas to improve interoperability across diverse AI agents and developer ecosystems.

BiyaPay analysts note that if protocols like MCP become industry-wide common interfaces, AI assistants could more readily access cross‑border remittance, U.S. and Hong Kong equity and futures markets, and crypto trading workflows, potentially boosting automation and efficiency for multi‑asset wallets while maintaining risk controls.