The Daily Pulse – October 16, 2026

Stablecoins and AI agents framed the week: Mastercard folded BVNK’s stablecoin rails into a new embeddable money platform, while JPMorgan’s Jamie Dimon vowed to keep “rogue” outside AI agents out of the bank’s systems. Elsewhere, Ramp’s valuation reportedly doubled to roughly $60 billion, card issuers leaned harder into AI fraud tools, a Cleveland Fed survey found businesses still wary of stablecoins, and the MBA projected a second straight sub-$2 trillion year for mortgage originations as rates hold above 7%.

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